Tagged ‘Employer contribution’

What Kind Of Retirement Life You Want For?

Similar to a 401(k) used at companies across the country, a Solo 401(k) lets small-business owners share the fun and benefits. The business must be very small, however, limited to the owners of the business and their spouses. The Solo 401(k) allows business owners to put away more money than a SIMPLE or SEP IRA, [...]

Simple Plan But Comfortable Retirement Life

a.k.a.  “Savings Incentive Match Plan for Employees“ The plans are designed for small businesses with no more than 100 employees who earned $5,000 or more on the payroll for the previous calendar year. But some advisers and tax professionals think these plans are more suited for much smaller companies. It’s easy and simple. Including instructions, [...]