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 PayMaster > Services > Benefits > Retirement Services
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PayMaster offers two options to help you and your employees achieve their retirement goals.
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For those companies that already have a retirement plan in place, PayMaster offers seamless
and integrated retirement reporting to companies such as Nationwide, John Hancock, and ING. We
will drastically reduce and possibly eliminate the amount of time you spend gathering and
manually reporting data with each payroll as contribution and census data is transmitted
automatically with each payroll processing.
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If you're looking to implement a new plan, PayMaster offers a 401k plan under our Multiple
Employer Plan (MEP). A business can implement our plan with their own adoption agreement, thus
setting their own parameters, such as eligibility, matching, safe-harbor contributions, etc. This
plan can be implemented for practically zero administration fees.
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