Tag: small business owners
Gain benefits from working with a professional you trust who can offer retirement plan consulting to help you navigate this complicated landscape.
Business Succession Planning: 6 Steps for Small Business Owners
Written by Zachary Morris, CFP® on .
Take the time now to focus on your business succession planning to ensure that your legacy lives on and your business finds lasting success.
Cash Balance Pension Plans Can Benefit Doctors, Lawyers and Small Business Owners
Written by Zachary Morris, CFP® on .
Five Reasons to Consider this Defined-Benefit Plan for Your Business
Many small business owners, including doctors and lawyers in private practice, can benefit from a cash balance pension plan. These plans offer significant tax deductions and accelerated retirement savings, making them especially beneficial for those with retirement looming in the near future. What’s more, this defined-benefit plan with a 401(k) twist can help you meet the needs of your employees, too. Many high-earning professionals are unaware of this option, though it offers benefits from both the retirement planning and tax avoidance standpoints.