Retirement Planning for Business

Retirement plans help to make saving for the future and building retirement security a little easier. Regardless of the size of your business, we have a retirement plan that will fit your needs. We offer SEP and SIMPLE IRAs and 401(k) plans.

Simplified Employee Pension - SEP IRA

  • Easy to set up and maintain
  • Low start-up and operating costs
  • Employer contributions
  • Flexibility–employer decides whether to make contributions year-to-year
  • Most employers, including self-employed, can establish a SEP


  • Low start-up and operating costs
  • Employers with 100 or fewer employees
  • Employee deferral permitted up to IRS limits
  • Employer match contributions required (formula applies)

401(k) Plans

  • Plan design & document support
  • Installation and plan conversion services
  • High level of employee deferrals permitted
  • Trust & recordkeeping services
  • Employee education

Contact CNB Trust and Investment Services for more details. Call 517-437-3371 or email today.

This product is not insured by the Federal Deposit Insurance Corporation. This product is not a deposit or other obligation of, or guaranteed by, the bank. This product is subject to investment risks, including possible loss of the principle amount invested.