A Simple Plan is the most basic retirement plan. Its main purpose is to encourage small businesses to offer retirement plans for its employees. These plans permit small business owners who have fewer than 100 employees to establish an employee retirement plan. The required administrations of these plans can be much less than that required of traditional plans. Because of this, cost can be low compared to traditional plans. A 401(k) is also a retirement plan that represents a way to reduce your current taxable income by making ongoing contributions. It does this because contributions come directly out of your pay before taxes are withheld. Many plans include a matching contribution from your employer, which helps build your retirement fund that much faster.
Investment Inquiries
Email: michael.forsberg@lpl.com
Office: 320.230.8300
Cell: 320.249.1047
Hours of Operation
Monday - Friday; 8:00 am to 4:30 pm and by appointment.
At Forsberg Investments and Insurance, we pride ourselves on making your questions and investments our priority, whether you call, email, or stop by the office - we are here for you.
Securities and advisory services are offered through LPL Financial, a Registered Investment Advisor, Member FINRA\SIPC. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Not all products and services referenced on this site are available in every state, jurisdiction, or from every person listed. The FINRA registered branch office for Michael Forsberg is 99 10th Ave S Waite Park, MN 56387.