S*********r
发帖数: 102 | 1 Could anyone please kindly share your advice? Or could you refer some tax
advisors for free (or low cost) consultation?
International company opened US office. Right now there is only 1 employee.
What is the best retirement plan for this employee? Any advice will be
highly
appreciated!
1. SIMPLE IRA
Does this one have to be set up by Oct 1?
Is there any grace period for setting it up for new U.S. companies?
Can it be filed later than Oct 1 with retroactive dates?
2. SEP IRA
Fully funded by employer only.
If employee left, will he be able to get what has been contributed to the
plan,
or will he get nothing?
3. Solo (Individual) 401(k) by employee, claimed as self-employed individual
by employee himself.
But does this means he has to pay business tax for sole proprietors? If so,
it would eat up most, if not all, of the saving from a retirement plan.
可以只把能放进retirement部分报为sole proprietors的收入吗？
Reference:
https://www.fidelity.com/retirement-ira/small-business/compare-plans
http://money.usnews.com/money/blogs/on-retirement/2013/06/10/4-
https://www.blackrock.com/investing/literature/forms/simple-ira-employer-kit
.pdf
https://www.irs.gov/Retirement-Plans/SIMPLE-IRA-Plan-FAQs-Establishing-a-
SIMPLE-IRA-Plan
http://www.dol.gov/ebsa/publications/simple.html
http://www.retsource.com/extra/simpplan.html | S*********r
发帖数: 102 | 2 Could anyone please kindly share your advice? Or could you refer some tax
advisors for free (or low cost) consultation?
International company opened US office. Right now there is only 1 employee.
What is the best retirement plan for this employee? Any advice will be
highly
appreciated!
1. SIMPLE IRA
Does this one have to be set up by Oct 1?
Is there any grace period for setting it up for new U.S. companies?
Can it be filed later than Oct 1 with retroactive dates?
2. SEP IRA
Fully funded by employer only.
If employee left, will he be able to get what has been contributed to the
plan,
or will he get nothing?
3. Solo (Individual) 401(k) by employee, claimed as self-employed individual
by employee himself.
But does this means he has to pay business tax for sole proprietors? If so,
it would eat up most, if not all, of the saving from a retirement plan.
可以只把能放进retirement部分报为sole proprietors的收入吗？
Reference:
https://www.fidelity.com/retirement-ira/small-business/compare-plans
http://money.usnews.com/money/blogs/on-retirement/2013/06/10/4-
https://www.blackrock.com/investing/literature/forms/simple-ira-employer-kit
.pdf
https://www.irs.gov/Retirement-Plans/SIMPLE-IRA-Plan-FAQs-Establishing-a-
SIMPLE-IRA-Plan
http://www.dol.gov/ebsa/publications/simple.html
http://www.retsource.com/extra/simpplan.html | s*********7
发帖数: 80 | 3 If you have not find answer, PM me
Could anyone please kindly share your advice?
【在 S*********r 的大作中提到】
: Could anyone please kindly share your advice? Or could you refer some tax
: advisors for free (or low cost) consultation?
: International company opened US office. Right now there is only 1 employee.
: What is the best retirement plan for this employee? Any advice will be
: highly
: appreciated!
: 1. SIMPLE IRA
: Does this one have to be set up by Oct 1?
: Is there any grace period for setting it up for new U.S. companies?
: Can it be filed later than Oct 1 with retroactive dates?
| b******y
发帖数: 9224 | 4 I am using Fidelity solo 401k, if you want to know more details, pm me. |
|
