https://www.goodfinancialcents.com/best-retirement-plan-for-small-businesses/ Tue, 24 Oct 2023 10:50:28 +0000 hourly 1 https://wordpress.org/?v=6.4.3 https://www.goodfinancialcents.com/best-retirement-plan-for-small-businesses/#comment-9522130 Wed, 12 Jun 2019 02:19:05 +0000 http://gfc-live.flywheelsites.com/?p=10364#comment-9522130 I’m in unique situation owning 3 separate C Corps 100% of which 2 are with 1 accountant I inherited when I purchased and the 3rd with another accountant and it was my original business I set up with a 401K Rollover with strict IRS/DOL requirements. Unfortunately I’m not sure how to begin saving larger sums of money in the most tax efficient way. The 2nd business has roughly 10 employees so that is a lot of matching for an SEP IRA. The 3rd only has 4 employees but has the most debt and least income available to save and my original business is restricted by many rules. I can have a 401K there but it has strict requirements for all employees so I’m in a quandary on what to do. Any thoughts on how to unravel that mess? I’m hoping to unwind the 401K Rollover sooner than later which will alleviate some problems. Thanks for any advice.

]]> https://www.goodfinancialcents.com/best-retirement-plan-for-small-businesses/#comment-22036 Tue, 26 Jun 2012 16:08:45 +0000 http://gfc-live.flywheelsites.com/?p=10364#comment-22036 I switched Plan administrators to Steidle Pension Solutions a few years ago and am extremely happy with their service. Whenever I call, a representative familiar with my Plan and business helps me…never an automated phone system ! They make the administration of my small business Plan easy and much more affordable. www.sps401k.com

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