Small/Micro Business Resources
For yourself or just a few employees, a financial advisor, your state-run plan’s website, private wealth manager at your bank, or even an online brokerage can help you set up a retirement plan. See below for our video on small business retirement plan considerations and the links below to helpful information.
If you have a larger number of employees - say, 10+ - and you're thinking not just in terms of your own tax and retirement savings but also company growth, retention, and recruiting, ask us.
Too long, didn’t watch? Knowing the retirement options for you and your employees is a major step in taking care of your business. Businesses have more than just a 401k available: SEP IRA, SIMPLE IRA, 401k (or 403b for non-profits). Differences include the maximum amounts to save, the complexity of administration, cost, and required employer contributions. Work with an advisor to figure out which one would work best for your business for both retirement building and tax benefits.
Helpful links:
