TPS Group is a employer retirement plan consulting firm committed to your company's unique needs.
Employer Retirement Plan Consulting Divisions
Retirement Plan Consultants (TPA Services)
Employer Retirement Plan Consulting Services
At TPS Group, we offer all of the services you need to simplify the management of your company retirement plan and to maintain compliance.
A company retirement plan in which a retired employee receives a specific amount based on salary history and years of service and in which the employer bears the investment risk.
Employer Retirement Plan Consulting Team Members
Sales Consultant, Westbrook, Maine location
Vice President - Defined Contribution Department
Vice President & Consulting Actuary
Vice President, Pension Plan Design and Consulting
Vice President, AST Department, North Haven, CT location
Defined Contribution Manager, Westbrook, ME location
Defined Contribution Manager, Acton, MA location
Employer Retirement Plan Consulting Resources
- State employment laws
- State independent contractor rules
- Workers’ compensation
- Safety training & compliance assistance
- Federal wage and hour law
- Exempt and non-exempt employee status
- Compliance assistance
- Independent contractor rules for DOL
Employer Retirement Plan Consulting Frequently Asked Questions
A Roth 401(k) is an increasingly popular option within a 401(k) plan that represents a combination of features of the Roth IRA and a traditional 401(k) plan. In a traditional 401(k), you contribute income pre-tax, and then pay taxes on the funds when you withdraw them during retirement.
By offering a Roth 401(k) option, employees can elect to pay the taxes upfront allowing them to make withdrawals tax-free during their retirement.
Under the Roth 401(k), employees may contribute funds on a post-tax elective deferral basis, in addition to, or instead of, pre-tax elective deferrals under their traditional 401(k) plans.