Businesses looking to attract and retain loyal and valued employees often need to use more than salary alone. A qualified retirement plan can enhance an employee’s benefits package. The self-made, vastly successful businessman Andrew Carnegie summed up how to run a successful business, “Take away my factories, my plants; take away my railroads, my ships, … Continue reading How to Attract the Best Employees with Qualified Retirement Plans
Offering a retirement plan is often necessary for a business to attract and retain the best employees. There are seven major types of retirement plans utilized by companies: Defined Benefit Plans Defined Contribution Plans Profit Sharing Plans 401(k) Plans Roth 401(k) Option Simplified Employee Pension Plans SIMPLE Retirement Plans Determining which type is best for … Continue reading Does Your Business Offer One of These Retirement Plans?
Successful businesses and key employees go hand in hand. Often, a successful business has at least one key employee who is responsible for the success or failure of the business. If a business loses one of these key employees, a business can experience several problems. Reduction in Earnings – If a few key employees are … Continue reading What is a Selective Executive Retirement Plan?