CoPilot Workplace Savings IRA

Offering a workplace retirement savings plan may help employers retain and attract employees. We think all workers should own their retirement readiness, and we are glad you are taking the first step to help them get there!

CoPilot IRA is more than just another IRA. It includes:

  • Easy online setup for employers and individuals

  • No employer cost, individual IRA account owners pay low monthly fees

  • Payroll integration capabilities

  • A team of experienced representatives to support individual IRA account owners

  • Alerts that keep individuals on track to meet retirement goals

  • Professionally managed investment model allocations

  • Access to both Traditional and Roth IRAs through one login

Download the IRA Info Sheet (pdf) to learn more about the specific features of the CoPilot IRA.


Not sure which retirement savings option is right for you?

It really comes down to your goals for starting a workplace savings plan. If you want to maximize your annual contributions and are looking for tax savings, a 401(k) plan can help you do that. If you simply want to offer your employees a vehicle to save for retirement with no cost or administration for you, an IRA may be a better fit.

Here are some side by side comparisons to help you:

 
 

CoPilot IRA

CoPilot 401(k)

Payroll Integration Capabilities1
Online Setup
Years of Retirement
Alerts to Participants/IRA Account Owners
Managed Investment Portfolios
Investment Education
Payroll Deduction
Maximum Annual Deferrals2 $6,000 / $7,000 $19,000 / $25,000
Employer Match Options  
Tax Credit for Employer  
Year End Process  
Cost to Employer  
Cost to Participant/IRA Account Owner
Support for your Financial Advisor3  
Satisfies State Mandates varies by state

1 - Fees may apply or vary based on payroll partner.

2 - 2019 calendar year limits.

3 - Financial Advisor fees would be in addition to the fees listed in pricing table.

 

Download the CoPilot 401(k) vs. CoPilot IRA (pdf) info sheet to learn more about these retirement plan options.

 

CoPilot IRA is a retirement service and is not an independent entity. Services for CoPilot IRA are provided by and through PAi Trust Company, Inc. PAi Trust Company does not provide any tax, legal or investment advice.

The Years of Retirement calculator is for illustrative purposes only. The estimates provided through this calculator are inherently uncertain and are not, in any way, a guarantee of future results.