Business Retirement Plans

Retirement Plans

Are you a business owner looking to invest in your own retirement? Or maybe you're trying to set up an employer-sponsored savings plan for your employees. Whatever the need, Heritage Bank can help you use the power of tax deferred growth and compounding interest to invest in a comfortable and worry-free future, for yourself and your employees.

Business Investing Features

• Contributions may be tax deductible and all interest is tax deferred
• Premium rates for contributions invested for terms longer than six months

Business IRAs

• SEP IRA - ideal for self-employed individuals and very small businesses because it's easy to administer.
• Simple IRA - similar to a 401(k), but is specifically designed for businesses with less than 100 employees.
• 401(k) Plans - ideal for small or large businesses with 30 or more employees.