Smart Retirement Planning for Business Owners

After a couple weeks discussing retirement planning for your employees, let’s get to talking about your own retirement plans. It’s common for business owners to put this task on the back burner. Unlike those they employ, small to midsize employers don’t usually have someone walking up to them with a form to sign up for […]

What are the Different Types of Retirement Account?

With the full implementation of the NJ Secure Choice Savings program not far away, it’s good to know the different types of retirement account you can choose for your employees. While any plan will help your employees better prepare for their future, you’ll have to pick between different plan options. There are variations on the […]

What Is SIMPLE IRA and How It Works?

SIMPLE IRA is short for Savings Incentive Match Plan for Employees. A SIMPLE IRA is basically an employer-sponsored retirement plan in which the participants can save up to $26,00 pre-tax in deferrals and matching. Under the SIMPLE IRA plan, employers are required to match employee deferrals on a dollar for a dollar basis, which can […]