Retirement plan analysis
TruCount CPA PC matches Brookings farmers, agribusiness owners, and professional service businesses to the right retirement plan, SEP IRA to solo 401k, at a fixed monthly fee.
Quick answer
TruCount CPA PC provides retirement plan analysis for farmers, agribusiness operators, and professional service businesses in Brookings, SD and across the Midwest, comparing options like SEP IRAs, solo 401(k)s, and SIMPLE IRAs against your actual cash flow and entity structure. The service is bundled into TruCount's fixed monthly fee, so there's no separate charge for the recommendation.
Find the right retirement plan without overpaying for it
A SEP IRA sounds simple until you're the one filling out the paperwork every March, wondering if it's still the right fit now that your operation has grown. Retirement plan analysis at TruCount CPA PC starts with a plain question: what are you actually trying to accomplish, and which plan gets you there without extra cost or complexity?
We work with farmers, agribusiness operators, and professional service business owners across the Brookings, SD area and across the Midwest to match retirement plan structure to real numbers, not a generic recommendation pulled from a brochure. SEP IRAs, solo 401(k)s, SIMPLE IRAs, and traditional 401(k) plans each carry different contribution limits, administrative costs, and employee requirements. Picking the wrong one means overpaying for features you don't need, or missing contribution room you do.
This is guidance grounded in your tax return and your goals, not a stack of forms to sign.
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How a retirement plan analysis works with TruCount
Review your current accounts
We start by looking at what's already in place, existing IRAs, old 401(k)s, or a plan you inherited from a prior accountant, and note what's working and what isn't.
Assess your business structure and cash flow
We review your entity type, seasonal income patterns, and payroll to understand what contribution levels and plan types actually fit your business.
Compare plan options side by side
We lay out SEP IRA, solo 401(k), SIMPLE IRA, and traditional 401(k) options with real contribution limits and administrative costs specific to your situation.
Get a clear recommendation
You receive a straightforward recommendation you can act on, delivered through our secure online platform along with the reasoning behind it. No surprise invoice, since this analysis is included in our bundled monthly service.
Retirement planning as part of your year-round financial picture
Retirement plan analysis works best when it isn't a one-time project. Contribution limits, entity structure, and income all shift year to year, especially for farm and agribusiness clients, so a plan that made sense two years ago might not fit today.
Because we already handle tax planning and accounting for many of our clients, we can flag when a retirement plan needs a second look, before it becomes a missed contribution deadline or a mismatched entity structure. One advisor, one set of books, one fixed monthly fee. No juggling a separate financial advisor who doesn't see your tax return or your cash flow.
Frequently Asked Questions About Retirement plan analysis
Why clients trust us
- Julie Underwood, CPA leads the firm's advisory services
- Member, AICPA
- Member, South Dakota Society of CPAs
- Member, Brookings Area Chamber of Commerce
- Firm founded in 2009, serving the Brookings, SD area and across the Midwest plus western Minnesota and Ohio