/////////////////////////////////////////////////
Get answers FASTER…
Join this channel to get access to perks:

Chat on discord:
Join Link

Support on Patreon:

Get IRS FORM W4 TAX WITHHOLDING HELP HERE STARTING AT $39. bit.ly/3FJ6w8U
—————————————————–
Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE

Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth building, social security, and career benefit packets are only a few of the financial decisions that you may face in your lifetime and we’re here to help guide you.

TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
CERTIFIED FINANCIAL PLANNER™

Company Website:
twitter: @travissickle
Instagram:
facebook:
LinkedIn:

Sickle Hunter Financial Advisors
1646 W Snow Ave.
Suite 144
Tampa, FL 33606
——————————————————-

Gear Used in Videos

Partnership referral links
Solo 401k plan Documents
Aura Identity Theft Protection *Up to 50% off* HTTPS://www.aura.com/travis
Bitcoin IRA

All Amazon links are affiliate links
____________________________________________________________________________
Information in this video is for educational and entertainment purposes only.
sicklehunter.com/disclosures
____________________________________________________________________________

#travissickle…(read more)

LEARN MORE ABOUT: IRA Accounts

CONVERTING IRA TO GOLD: Gold IRA Account

CONVERTING IRA TO SILVER: Silver IRA Account

REVEALED: Best Gold Backed IRA

As we approach the year 2023, it’s important for small business owners to consider their retirement plan options. retirement planning is crucial for ensuring a secure and comfortable retirement, and choosing the right plan for your business can make all the difference. Here are some things to consider when selecting a small business retirement plan in 2023:

1. Employee demographics: The age and income level of your employees will play a significant role in determining the type of retirement plan that would work best for your small business. For example, if most of your employees are young and have lower incomes, a SIMPLE IRA might be a more appropriate choice. However, if you have a more diverse group with varying incomes and ages, a 401(k) with more customizable options might be a better fit.

2. Costs and fees: It’s important to consider the costs associated with setting up and maintaining a retirement plan. Some plans have higher fees and administrative costs than others, and these costs can eat into your employees’ retirement savings. Look for plans with low fees and transparent pricing, and consider the potential savings for your business and employees.

3. Employer contributions: Many retirement plans require employers to contribute a certain percentage of their employees’ salaries, and these contributions can vary depending on the type of plan you choose. A 401(k) plan typically allows for higher employer contributions, while a SIMPLE IRA has lower contribution limits and requires the same percentage of employer contributions for all employees.

4. Plan flexibility: Consider the flexibility of the plan you choose. Some plans may allow for catch-up contributions for employees over age 50, while others may permit loans or early withdrawls under certain circumstances. Make sure you choose a plan that provides the flexibility your employees may need.

5. Legal compliance: Small business owners must ensure their retirement plan is in compliance with the relevant legal and regulatory requirements. This includes annual testing to make sure the plan doesn’t favor certain employees over others and periodic filings with the IRS and Department of Labor. Be sure to work with a provider that can help you stay in compliance and avoid costly penalties.

In today’s competitive job market, offering a comprehensive retirement plan can be a key factor in attracting and retaining top talent. By taking these factors into consideration, small business owners can select a retirement plan that meets the needs of both their employees and their business.