Paychex Retirement Services
Retirement plans for any size business.
Overview
Paychex is a leading provider of HR and payroll solutions that also offers a comprehensive suite of retirement services. For freelancers and small businesses, they provide options like Solo 401(k)s and SIMPLE IRAs. Their key strength lies in the integration of their retirement plans with their payroll platform, Paychex Flex, which automates many administrative tasks.
✨ Key Features
- Wide range of plan options (Solo 401(k), SIMPLE IRA, etc.)
- Integration with Paychex Flex payroll platform
- Automated plan administration
- Thousands of investment options
- Mobile app for employees and employers
🎯 Key Differentiators
- All-in-one HR and retirement platform
- Customizable plan designs
- Strong reputation and large customer base
Unique Value: Provides a seamless, all-in-one platform for managing payroll, HR, and retirement benefits, simplifying administration for business owners.
🎯 Use Cases (3)
✅ Best For
- Businesses using Paychex for payroll who want to add a retirement plan
- Companies looking for a full-service provider with a wide range of plan designs
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Individuals seeking the most basic, low-cost retirement account
- Those who do not need or want an integrated payroll solution
🏆 Alternatives
Offers a more comprehensive suite of HR services than standalone retirement providers, making it an attractive choice for businesses looking to consolidate vendors.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Yes tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
📊 Market Info
Customers: NA
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