Planning for retirement as a small business owner requires a bit more strategy than employees who earn a fixed income and have fixed expenses. Income and expenses can fluctuate, and your bottom line is directly impacted by the economy at large. Yes, it can be more challenging to plan with...
To attract and retain quality employees, you have to think about how your company will help your employers plan and save for retirement. Implementing a quality retirement program isn't as easy as it sounds. There are a lot of options out there, each having its own particular set of advantag...
answer the four questions and a retirement plan specialist will reach out to you and discuss your options. We will help you find a plan that meets the needs of your business and your workforce. Our transparent pricing is low-cost to the business....
There are a wide variety of plans available to you as a business owner. Our experienced retirement plan specialists have the expertise to clearly discuss your options and offer comparisons. Throughout the process, you’ll have reliable, local professionals to help you and your employees find the...
A 401(k) plan is best suited for a business owner who wants to max out their contributions, while IRAs are less complicated and easier to start. What Are the Benefits of Offering a Retirement Plan? Offering employee retirement plans can have significant benefits for a business, including the...
Small-business owners have many options when it comes to selecting a retirement plan. Determining which retirement plan is most appropriate can be a challenging task. This column compares four retirement plans commonly used by small businesses: Savings Incentive Match Plan for Employees (SIMPLE)-IRA...
Whether you're self-employed or a small-business owner, there is a wide range of retirement plans designed to meet your needs. Learn more here.
The following discussion of options for small employers assumes that the business owner has self-employment earnings or employee compensation from the business.Options designed for small companies with employees The SEP IRA The simplified employee pension (SEP) plan is an employer-sponsored retirement ...
Below are four things every business owner should do now to stay on track for their eventual retirement. Understand all your options Individual Retirement Accounts (IRA), such as Traditional, Roth, SEP and SIMPLE IRAs, and Solo 401(k) plans are the norm forretirement savings optionsamong most...
Thirty-four percent of small business owners do not have a retirement plan for themselves, and 40% aren’t confident they will be able to retire before the age of 65, according toScore. As a business owner, having a comprehensive plan that accounts for yourself, your employees, and your b...