Why have a small business retirement plan?

Compelling reasons for you business to have a retirement plan:

  • Retirement plans help secure the future of employees and owners.
  • Provides a primary way for employees to save for retirement.
  • Assists in attracting in attracting and keeping good employees making your business more competitive.
  • Potential tax benefits (plan contributions for business owner are deductible as a business expense).

Basic types of retirement plans that small-business owners may consider:

  1. Simplified Employee Pension Plan (SEP IRA)
  2. Savings Incentive Match Plan for Employees (SIMPLE IRA)
  3. Self-Employed 401(k) plan
  4. 401(k) plan (better for larger companies given setup costs, administration, fiduciary responsibilities, etc.)

For information on the right retirement planning solution, give a Muneris Benefits rep a call.  You’ll be glad you did.

Muneris Benefits | Health Insurance, Benefits and Medicare
Muneris Benefits
Muneris Benefits
2840 G-Hershberger Rd Roanoke, VA 24017
Phone: (540) 563-1005
Toff Free: (888) 686-3741