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Investments

IBC Investment Services provides access to extensive products and services at IBC Bank locations throughout Texas and Oklahoma. IBC Investment Services is your local, trustworthy source for various investment products. Contribute to the success of your business by offering a popular retirement program and employee benefits. Check the background of investment professionals associated with this site on FINRA's BrokerCheck.

Based on your particular business, we can help you choose from various types of qualified retirement plans, including:

Investments Options

401Ks

IBC Investments has teamed up with leading providers of 401(k) Plans who offer a turn-key full-service plan designed to meet the needs of small and medium-size businesses. Whether you are self-employed or a small business owner, there are a wide range of small business retirement plans designed to meet your specific needs. Our Small Business Comparison Grid lets you compare retirement plans side by side. These plans offer numerous benefits:

  • Select from leading fund families for maximum investment flexibility
  • Enhance employee participation through on-site educational and enrollment meetings conducted by plan providers
  • Smooth transition to new plan or installation of new plan by dedicated team

SEP IRAs

A SEP IRA may be an ideal retirement plan for small business due to the ease in which it can be established and maintained. All SEP employer contributions go directly into a Traditional IRA established in the name of each employee. Whether you are self-employed or a small business owner, there are a wide range of small business retirement plans designed to meet your specific needs. Our Small Business Comparison Grid lets you compare retirement plans side by side. Among the benefits of a SEP IRA:

Simple IRAs

Corporations, partnerships, sole proprietorships, tax-exempt entities and state or local governments (without another retirement program) can establish a Simple IRA.

Profit Sharing

By linking contribution to the performance of your business, employees gain a sense of ownership. Profit Sharing Plans provide strong incentives to your employees to help grow your business.

Pension Plans

Pension Plans fall into two major categories: defined benefit plans and defined contribution plans.

Defined Benefit Plan 412(I) (Oklahoma Customers Only)

A 412(i) defined benefit plan enables small business owners to fund a retirement program with tax-deductible contributions without the funding limitations of a traditional qualified plan.

Key Employee Insurance (Oklahoma Customers Only)

Every business has key employees who are critical to the overall profitability and success of the enterprise. Key employee life insurance works like individual insurance, except the business owns the policy and pays the premium.

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA / SIPC). registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using IBC Investment Services and may also be employees of IBC Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of IBC Bank or IBC Investment Services.

Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or
Any Other Government Agency
Not Bank Guaranteed Not Bank Deposits or Obligations May Lose Value
SMALL BUSINESS RETIREMENT ACCOUNTS SELF EMPLOYED
SEP IRA (Simplified Employee Pension IRA) Individual 401(K)
Description As a small business owner, you can make tax-deductible contributions. As a small business owner with no employees, you may be able to contribute more than with other types of retirement plans.
Eligibility to Contribute If you are a small business owner, you can contribute at any age. If you are self-employed, a spouse, or a business partner you can contribute at any age.
Annual Maximum Contributions

As a small business owner, you are eligible for the following:

2020 tax year:
Contribute up to 25% of your compensation or $57,000 whichever is less

Contributions are funded from a salary.

Deferral, profit sharing or a combination thereof.

2020 tax year:
Profit sharing: up to 25% of compensation or $19,500($26,000 if 50+ years of age) Combination may not exceed $57,000

Tax Deductible Contributions Your contributions and your employees contributions are deductible from your company's federal taxable income. Your contributions and your business partners contributions are deductible from your company's federal taxable income.
Earnings and Withdrawal Taxation Tax-deductible contributions and earning are taxed as ordinary income when withdrawn. Tax-deductible contributions and earning are taxed as ordinary income when withdrawn.
Premature Withdrawal Penalties 10% IRS early withdrawal penalty if withdrawn before age 59 1/2 unless an IRS exception applies- No penalties for 2020 if COVID-19 related. 10% IRS early withdrawal penalty if withdrawn before age 59 1/2 unless an IRS exception applies- No penalties for 2020 if COVID-19 related.
Required Withdrawals Must begin at age 72- 2020 is now optional. Must begin at age 72- 2020 is now optional