Being a small business owner, working for a small business owner, or even being self-employed certainly has its perks, but there is also more of a thought process behind benefits like medical coverage, for instance, or more specifically, in our case, retirement plans.

In fact, when it comes to small businesses, putting money away for retirement is even more crucial because you don’t have access to your typical 401k plans. You’re pretty much on your own.

The good news? There are quite a few options to explore. So, are wonderful and others, eh, not the greatest, but that’s what we’re here for.

In today’s episode, we will discuss all the options out there, ranging from the simplest to the most complex plans.

Saving for retirement is super important, and we want to help you get it right. So grab our Know Your Possibilities Guide, find a quiet spot, and hit the play button. It’s time to get your small business retirement plan in check. Catch you in podcast land!

A Glance at this Episode:
0:00 Introduction
3:11 Let’s start with the simple plans that are available like the Simplified Employee Pension, the Simple IRA, etc. If you’re looking for easy, start here.
8:00 This plan is a little older and not the best option. If your advisor is using or recommending, definitely look at some other options.
10:38 Hey, hey, we know this one. Why hello 401k, old friend.
12:41 Did you know THIS about 401ks? There’s an opportunity to add more money! Press play now!
17:09 Start listening here if you want to dig into some excellent plans, you know, like the Defined Benefit or Cash Balance Plans.
22:40 Great, so these are all of my options. What do I do now? How do I pick?
25:24 Quick Q&A, how do I invest my 401k assets?

Our wealth management services provide a place of possibility to help you navigate life transitions and take advantage of unique planning opportunities that leave you feeling calm and confident. We offer solutions based on you and your life, not strategies that make us a quick buck. No matter how life unfolds, we’ll help you connect the dots and always have your back. So get started today by scheduling your FREE 30-minute consultation. | Info@APlaceOfPossibility.com | 925.736.6410

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Looking for speakers who can help navigate life transitions or help build a secure income plan for the next chapter in life? Richard Del Monte and Angela Wright have spoken at dozens of organizations in the greater Danville area and love to contribute valuable information. If you need customized wealth management insights broken down into simple, engaging content specifically for your group, get in touch today.
 
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