Will Retirement Plans Really Create a Successful Business?

As a business owner, hiring and retaining employees who are loyal and become an integral part of the company dynamic is key.  Providing these employees with more than just a paycheck may mean the difference between a business thriving and one that fails. The power of a qualified retirement plan helps business owners attract and …

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Why Business Owners are Turning to Owner-Owned 401(k) Plans

An owner-only 401(k) plan is an approach to blend the tax advantages of an employer-sponsored retirement plan with pre-tax personal retirement savings. A Financially-Independent Retirement According to a recent Social Security Administration study, most adults over 55 are not financially independent during their retirement years. 34.0% of retirees have incomes under $20,000 26.5% of retirees …