Small Business Retirement Plans

Smart Decisions For A Happy Retirement

A small-business retirement plan is simply good business on many levels. It has benefits for you, your employees (if you have any), and your business.

  • Jump-start your savings. As a small-business owner, planning for your retirement is entirely up to you. And if you employ others, you'll be helping them get on the right track for retirement too.
  • Benefit from tax breaks. All retirement plans offer tax-deferred growth on earnings. As an employer, you also benefit from tax-deductible employer contributions.
  • Give your money a chance to grow. In addition to your plan contributions, the compounding of interest, dividends, and capital gains allows your account to generate earnings on top of earnings.
  • Attract and retain employees. Offering a retirement plan to your employees can keep you competitive in the job marketplace and help your business flourish.

The CFI Agency offers several plans for small businesses, which include the SEP-IRA, the SIMPLE IRA, and the Individual 401(k).

Contact The CFI Agency today to learn more about the benefits and advantages you can receive by offering a retirement plan that’s right for you and your employees.