Join us for this FREE Virtual Workshop presented by a certified SCORE Mentor.
Employer-sponsored retirement plans are not just for big businesses. Your small business may also be able to offer employees – and company owners – ways to save for their retirement. Learn about the different options available to small businesses, and which type of plan might work best for your particular company. We will explore the differences between defined-contribution plans and defined-benefit plans, as well as the advantages and disadvantages of IRA-based plans. We will discuss the costs, tax benefits, and contribution limits to help you decide which type of plan is best for your small business.
This presentation will cover the most common types of small business retirement plans, including:
o Defined-Contribution Plans
o Simplified Self Pension (SEPs)
o Simple Plans
o 401 (k) Plans
o Defined-Benefits Plans
o Cash Balance Plans
o Pensions
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