A Quick Retirement Planning Guide

You asked for a 2023 quick reference guide to retirement planning for the small business owner — so here you go. Some plan options for small entities and the self-employed include SEP-IRAs, SIMPLE IRA plans, SIMPLE 401(k) plans, and individual 401(k) plans. Each plan has specific features, requirements, and contribution limits that should be considered when choosing the right plan for your business.

A Quick Retirement Planning Guide

Saving for retirement is essential for everyone, including small business owners and self-employed individuals. The…