Retirement management and planning in Puerto Rico
With more than 50 years’ experience in the industry, we offer the most comprehensive retirement plan management service in Puerto Rico. Our goal is to offer optimal and personalized alternatives to address your specific needs.
We offer several tools so you can always be informed on how to manage and optimize your 401k retirement plan.
We inform participants about the characteristics, design, and benefits of their plan.
We provide education on retirement planning and investments, focusing on the importance of diversification, investment objectives, historical rate of return, and other details regarding the mutual funds chosen by your employer.
We explain the different disbursement options available while working or upon termination of employment, including restrictions and tax implications for each payment option. Access our guide and learn more about the different options available.
GuidancePlus1 is your ally in personalizing your retirement strategy. Our tool allows you to create and implement an action plan tailored to your needs. We analyze your current assets and any other relevant information you provide, such as your income needs and potential additional investments, to offer you a detailed and personalized analysis of your retirement plan.
Access your retirement account through our 401k website.
Access your retirement plan information anytime, anywhere, using your smartphone.
As a plan participant, some events or transactions defined in your plan document will require your employer to have you complete certain forms. Most of these forms must be signed and returned to your employer.
With over 50 years’ experience as leaders in fiduciary and investment services for retirement plans in Puerto Rico, Popular offers more options and the convenience of easily managing your retirement plans.
Check out our informative articles about retirement.
Discover the reasons behind proper retirement preparation.
The investment products available through retirement plans of Banco Popular are not insured by the FDIC, are not deposits or obligations, are not guaranteed by Banco Popular de Puerto Rico or its subsidiaries and/or affiliates. Investment products involve risks, including the possible loss of the invested principal. Please request a prospectus and read it carefully before investing.
The content of this material is for informational purposes only and does not constitute tax, legal or accounting advice. Banco Popular de Puerto Rico, its subsidiaries, or affiliates, do not engage in the offering of tax, legal or accounting advice.
Contributions exceeding the deductible limit will pay a tax equivalent to 10% even if the non-deductible contribution is not claimed as a deduction on your income tax return. For 2018 to 2024 tax years, the maximum annual employer and employee contribution amount per participant will be the lesser of $69,000 or 100% of the participant’s compensation. Also, the maximum compensation per participant to be used for determining contributions to the plan shall not exceed $345,000.
GuidencePlus/AdvicePlus has been developed by MasteryPOINT Financial Technologies, a subsidiary of Newkirk. The investment advice information and recommendations are provided by MasterPOINT and Schlindwein Associates, LLC, a registered investment advisor with the Securities and Exchange Commission (SEC). MasteryPOINT Financial Technologies, Newkirk y Schlindwein Associates, LLC are not affiliated with Popular Fiduciary Services or Banco Popular de Puerto Rico. Popular Fiduciary Services and Banco Popular de Puerto Rico are not registered investment advisers. Registration of an investment adviser does not imply any level of skill or training.
