Taxes

• Tax Planning
• Roth IRA
  There is another site called marylandsaves.com, that has more details on the program, including contribution limits for employees. Employees who elect to contribute will have a payroll-deduction IRA account & the account will be set up as a Roth IRA. The accounts will be called MarylandSaves WorkLife Accounts & will be managed by private investment firms, including BlackRock, Lincoln, T. Rowe, Vestwell & BNY Mellon.
• Tax Deductions
  We have the in-house team to analyze your options, whether you are a professional looking to increase tax deductions, or a corporation with a struggling DB Plan.
• Income Tax

Investment

• Investment Management
  Pollard partners with the best and most trusted national plan recordkeepers who perform daily valuation recordkeeping for 401(k) and defined contribution plans. Our partners’ expertise in investment management and transaction processing allows us at Pollard to focus on our core competencies in compliance, consulting, and administration. Based on the size and needs of each plan and its participants, we’ll make recommendations, in conjunction with the Financial Advisor, as to appropriate investment platforms.

Accounting

• Accounting Services
• Payroll Services
  Plan sponsors are required to submit payroll deductions for 401(k) contributions and loan repayments to the Plan’s recordkeeper/custodian within a set timeframe based on DOL regulations. For those clients who do not have the in-house personnel to handle this function, or do not work with a payroll service provider that has integration with the plan’s recordkeeper/custodian, Pollard can provide enhanced services to take over this function.

Planning

• Retirement Planning