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Armada Plus Money Purchase Pension Plan
Money Purchase Pension Plans require employers to contribute a fixed annual amount,
usually a percentage of employees’ compensation, which is then allocated among eligible employees accounts.
Money Purchase Pension Plans don’t offer the flexibility of Profit Sharing Plans, but employers can claim
an income tax deduction for the amount of their annual contributions, within
limits established by current tax law.
For more detailed information about the features and advantages of Armada Plus Money Purchase Pension Plans,
review our Armada Guide to Employer- Funded Retirement Plans.
If you would like to download information about Armada Plus Money Purchase Pension
Plans or have additional information mailed to you, click here. |
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