Owner of a small to medium size business & need a retirement plan for your business?
Every business owner need a plan for retirement, the hard work that goes into building a profitable business can create an opportunity to implement a retirement plan.
Rebecca Baldridge, (Feb. 2, 2018) contributing editor in the INC magazine; wrote an article titled: “Best Retirement Plans for Small Businesses in 2018: Best retirement plans for small businesses and the self employed. Your options range from IRAs to self-employed 401(k) plans. What’s best for your needs.” She reports on several plans that may be suitable to a small business owner; however, what was telling in her articles was that many small business owners lack time and resources to implement a retirement plan or they just fail to think strategically by avoiding the planning objective needed for future income planning that will be needed in retirement.