MMG Privacy Policy

Why the big secret? The actual plan design is not important to financial institutions because they derive significant profits from management of assets, not from creative plan design and sophisticated discrimination testing.  As a result, they typically offer generic 401(k) retirement plan documents that provide them with the ability to systematize the “one size fits all” approach.

These off-the-shelf documents – utilizing the  “one size fits all” approach – prevent business owners from being able to:

• Maximize contributions from themselves and favored employees
• Exercise control over the contribution expense for all other staff
• Create an efficient tax shelter
• Adjust company contribution levels when business conditions change