Let New Dimensions take some of the stress out of managing your business! We offer quality support services for our business members.
We are partnered with PayChex to provide your business an easy, affordable option for managing your payroll functions. Outsourcing your payroll allows you to cut back on wage expenses and frees up your time to manage the rest of your business. Best of all, PayChex is up-to-date on all of the latest payroll rules and regulations, and takes accountability for your payroll compliance.
SEP is a Simplified Employee Pension plan. Because this is a simplified plan, the administrative costs should be lower than for more complex plans. Under a SEP, employers make contributions to Traditional Individual Retirement Arrangements (IRAs) set up for employees (including self-employed individuals), subject to certain limits.
- Easy to set up and operate – usually just a phone call to a financial institution gets things started.
- Administrative costs are low.
- Plan can have flexible annual contribution obligations, a good option if cash flow is an issue.