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Top Retirement Plans Recommended for Small Business Owners (by GoodFinancialCents.com)

Are you a business owner that is finally starting to see some profits? You have been slugging away for several years and now you are finally in the black and you want to start thinking about retirement. You know that you need to save, but as a business owner you have a plethora of different retirement plan options that as an individual you didn't. If you are confused and bewildered and not sure what direction to go, I completely understand. I was in the exact same situation as you. I was a W2 employee, and then when I became a small business owner I now had many different options that I could choose from and initially it was overwhelming. It was easier doing it for the client, but now that I was actually on the business owner's side of things, the 1099 independent contractor side of things, I now wanted to make sure that I was doing the best retirement plan for me. If you are looking to see what retirement plan is best for you, here are a few options to...

Roth IRA vs Traditional IRA–How to Decide

Episode 9: When it comes to investment advice, it's usually NOT FREE. And implementing the right investment plan on your own can often be confusing and feel like a complicated subject. But for once, you're about to get free information from a reputable financial advisor and it's simple advice that you can act on immediately and implement on your own with ease. Learn this simple formula to calculate if a Roth or Traditional IRA is a better investment vehicle to help build wealth. And if you realize you've picked the wrong investment vehicle as of today, you can convert it. Interview with #Paul J #Paquin at Golden Financial Services / #Randy #Luebke – Independent Fiduciary Financial Advisor. Randy Luebke shares a secret of Wall Street, including a glimpse of what's in his book – The Business Owner's Guide to Financial Freedom: What Wall Street Isn't Telling You. Traditional: Invest 100% of your money, and the money grows tax-deferred, but when ...