What Type of Retirement Plan Should My Business Implement? (Part 3)
In Part 2 of this series, we discussed that 401(k) plans are a good retirement plan to consider when trying to attract and retain top talent for your business. But what are your 401(k) plan options? There are actually quite a few and we provide practical pointers to...
How Do Cash Balance Plans Work?
Cash Balance plans have become very popular with business owners looking to save on taxes and accumulate more long-term wealth. But how do they work? A Cash Balance pension is a qualified retirement plan under IRS guidelines known as a hybrid defined benefit plan...
What Type of Retirement Plan Should My Business Implement? (Part 2)
In Part 1 of this series, we talked about how a SEP plan can work nicely for the owner of a business with no employees. But what is the right retirement plan for a company that has employees? Usually the best place to start is to answer this question: Why does the...