Changing a SEP IRA to a 401(k) plan: What small business owners need to know Small business owners who decide to set up a retirement plan to benefit themselves and their employees may consider a Simplified Employee Pension (SEP) IRA. Not only is it a low-cost option...
Introduction: What small business owners need to know about 401(k)s Planning for a comfortable retirement is a major concern among American workers— particularly among older employees, with less time left in the workforce. In fact, 64% of employees are worried about...
Four common questions small business owners have about converting their SIMPLE IRA to a 401(k) plan Small business owners looking to implement a retirement plan for their small business commonly decide a SIMPLE IRA is a good savings vehicle for them to start out with;...
Picture this: you’ve left your office for the last time. You’ve spent the better part of your career preparing for this exact moment and have finally reached retirement bliss. You have an open horizon stretched out in front of you—filled with relaxation, plenty of...
Small business owners make hundreds of decisions a day ranging from big to small—and many decisions have some sort of effect on their company’s bottom line and overall livelihood. When it comes to the benefits package offered by the company, small business...
As year-end approaches, many business owners begin scrambling to find ways to maximize potential tax benefits for the year. Perhaps your financial advisor suggested saving any expensive company purchases for the end of the year in a last-ditch effort to lower your...