401ks, SIMPLE IRAs, and now SIMPLE 401ks – the options for a Small Business owner to choose from for their employees’ retirement funds can be overwhelming. Justin gives a breakdown of SIMPLE 401k funds, the why, the who, and the when of having one.

TIME INDEX:
– Why Would One Choose a SIMPLE 401k Instead of a SIMPLE IRA, or a Regular 401k plan?
– SIMPLE 401ks
– Who is Eligible for the SIMPLE 401k?
– Shared Features of the 401k and SIMPLE 401k
– Advantages of a SIMPLE 401k
– Disadvantages of a SIMPLE 401k
– When to Use One
– Wrap Up

USEFUL LINKS:
– Work with Justin’s team:
– Subscribe to our business and financial newsletter: – New Book: Financially Simple’s The Ultimate Sale – Selling your Business for Maximum Profit

BIO:
Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. Multi-year winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year. Please visit HeritageInvestor.com to learn the criteria used in earning these credentials and awards.

DISCLAIMER:
Host Justin Goodbread owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States….(read more)

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