Retirement Archives

4 Tips on Retirement Planning for Small Business Owners

By Andrej Kovacevic | Dec 26, 2018

Are your retirement plans in order? If not, we invite you to consider these 4 tips on retirement planning for small business owners: Don’t Let Your Business Be Your Only Retirement Plan CNBC reports on a survey with results indicating that 78 percent of the polled business owners had plans to fund their retirement by…

Molding the Next Generation: More Than a Third of Business Owners Lack a Retirement Plan

By Jane Donovan | Jan 17, 2018

Retirement is a subject many small business owners either deliberately shelve or shy away from taking any meaningful action. Research conducted by online resource center Manta indicated that 34% of nearly 2000 small business owners surveyed do not have a retirement plan. Of this group, another 36% said that they would still seek other job…

The Importance of Pensions to SMEs

By Zak Goldberg | Jan 16, 2018

For SMEs to remain competitive in the current economic climate, it’s imperative that they’re able to retain and recruit the best possible talent. This can be challenging, however, particularly with small businesses being relentlessly squeezed by soaring inflation, declining consumer confidence and incrementally higher interest rates. While fintech innovations such as P2P lending and invoice…

What Retirement Plans Can I Choose as a Small Business Owner?

By 1800Accountant | Aug 3, 2016

As a self-employed small business owner or independent contractor, you’re likely so focused on the present. Every minute of every day, your mind is on making money to make a living for yourself and your family. This is an excellent goal, but you can’t forget about the future. You must have a retirement plan in…

Retirement Plan Options for Small Businesses

By TaxConnections | Mar 11, 2016

According to the US Small Business Administration, small businesses employ half of all private sector employees in the United States. However, a majority of small businesses do not offer their workers retirement savings benefits. If you’re like many other small business owners in the United States, you may be considering the various retirement plan options available…

Are Your Employees Keyed in on Retirement?

By Andrew Lisa | Aug 22, 2014

In order to attract and keep the best talent, small business owners have to offer more than just a good salary. Of all the benefits used to lure and retain quality employees, retirement plans are among the most valuable.

Fast-Tracking Your Retirement with a Franchise Business

By Bill Bradley | Mar 26, 2014

If you’re out of work but not quite ready to retire, if you’ve been bought out with an early retirement plan, or you’re almost ready to retire and your retirement savings aren’t where they need to be, you have an alternative.

A Good Old Fashioned IRA Contribution

By Ted Jenkin | Sep 4, 2013

Most families and small business owners are still unaware on exactly how the rules work when it comes to contributing to a traditional IRA account. So here are a few facts you should know about these accounts almost forty years into the making.

Retirement Plans for the Small Business Owner: The SEP Plan

By Ted Jenkin | Aug 14, 2013

Simplified Employee Pension (SEP) plans can provide a significant source of income at retirement by allowing employers to set aside money in retirement accounts for themselves and their employees. A SEP does not have the start-up and operating costs of a conventional retirement plan and allows for a contribution of up to 25 percent of each employee’s pay.

Retirement Plans for the Small Business Owner: The Solo 401k

By Ted Jenkin | Jul 29, 2013

Self-Employed individuals and owner-only (and the owner’s spouse) businesses and partnerships can save more for retirement through a 401(k) plan. The Self-Employed 401(k) allows you to take advantage of this increased retirement and tax savings opportunity with a full range of investment options.