Timothy Sumer

Watch to learn more about Retirement Plans for a small business. You will hear about: Self-employed, small company retirement plan options – most common, how they work and when they can make sense based on your circumstances. 1) Traditional IRA or ROTH IRA a. Available to non-business owners too, but sometimes this is at least a good way to start for the small business owner 2) SEP a. Often used when setting up a plan near the tax filing deadline. 3) SIMPLE IRA a. Can be good for lower income earners and those with small number of non-owner employees 4) Solo-401(k)/Profit Sharing a. Can be a significant way to put a lot of money away, especially for a husband/wife owned company with no or few employees 5) Cash Balance plan a. Older owners can put significant amounts away & can be done in combination with the solo 401k/profit sharing plan as well.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SI...