Retirement Plans for Small Businesses Most people have heard of the 401k and all of its benefits. However, many people are unaware of a few alternatives that have very impressive benefits as well. Introducing SEP and SIMPLE IRAs! Alternative retirement plans for small businesses could be the key for future growth. SEP IRAs are extremely low maintenance retirement plans for small business owners, and they allow the ability to contribute substantially more than 401ks. SIMPLE IRAs, like the SEP IRA, are also not very complicated to administer and much cheaper to implement than other retirement plans. Eddy and Brian go more in depth about the similarities and differences between these two plans in the video below. If you have any questions or want to know if these plans would be a good fit for your situation just schedule a 15-minute learning session with me using the link below. #Retirement #401k #IRA... ( read more )
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Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)