UBS Partners With Metavante

Metavante OnePersonPlus, developed in conjunction with Leaffer Shapiro LLC, is the first nationally available defined benefit plan of its kind. Prior to 2002, business owners could contribute a maximum of $40,000 a year in a tax-deferred retirement plan. With changes in the tax law, qualified investors may opt to contribute up to $100,000 or more each year for retirement. These funds will continue to grow tax-free until withdrawal at retirement. UBS, the worlds leading provider of wealth management services, will market the product under the name "Small Business Pension Program" to high-income, self-employed individuals and owners of small businesses with one to five employees who are age 45 or older. The plan offers the highest tax-deductible contributions permitted to employer-sponsored retirement plans for those who qualify to participate. Metavante Retirement Plan Services provides administration and record keeping for qualified retirement plans including 401(k), profit sharing, defined benefit, and section 125 flexible spending account plans, with access to thousands of mutual funds. In addition, the Metavante defined benefit program offers large tax-deductible contributions to high-income, self-employed individuals and owners of small businesses. Operating since 1973, Metavante Retirement Plan Services administers nearly 6,000 retirement plans for small and medium size companies.
the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright