Retirement Choices for Small Business Owners in California: Exploring 401k Options ✨️ #entrepreneur #smallbusinessowner
Whether you’re a start-up, self-employed, or a business with many employees, today is the right day to start saving for retirement. Setting up a 401k allows your retirement income to grow tax-free. With each contribution, you can lower your tax burden up front, and you won’t have to pay taxes on your plan until you withdraw funds in retirement. Payroll integration is a breeze. If you’re an entrepreneur, you’ll be investing in, and protecting, your future. Everything is automated so you’ll effortlessly maintain your budget. Enjoy the financial and tax benefits of retirement planning while also improving employee satisfaction and loyalty. Clients who start a new 401(k) plan may be eligible for up to $15,000 in SECURE Act tax credits, among others. Whatever your needs, we’ll help you find the right fit. Employers can choose their contribution amounts and vesting preferences. Retirement options include 401(k)s, safe harbor plans, and profit-sharing plans. If an employee doe