Retirement Planning for Business Owners
Your business is your biggest asset. Make sure it is building your retirement too.
Most Business Owners Have No Retirement Plan
When you run your own business, retirement planning often takes a back seat. But without a structured plan, you are leaving significant tax savings on the table and putting your future at risk. We specialize in helping business owners build powerful, tax-advantaged retirement strategies that work alongside their business.
Why Business Owners Need a Dedicated Retirement Strategy
Your Business Is Not Your Retirement Plan
Many business owners plan to sell their business to fund retirement. But valuations are unpredictable, sales fall through, and markets change. A structured retirement account gives you a guaranteed foundation independent of your business.
You Are Leaving Tax Savings on the Table
Retirement contributions are tax-deductible business expenses. Every dollar you contribute reduces your taxable income. Without a plan, you are paying taxes you do not have to pay.
Contribution Limits Are Much Higher Than You Think
Business owners can contribute far more than the standard $23,000 employee limit. With the right plan structure, you can shelter $69,000 or more per year — sometimes significantly more.
The Right Plan Depends on Your Business Structure
A sole proprietor, S-Corp owner, and partnership member all have different optimal strategies. We match the right plan to your specific situation, tax bracket, and goals.
Time Is Your Most Valuable Asset
The longer your money compounds tax-deferred, the more powerful it becomes. Every year without a plan is a year of growth and tax savings you cannot get back.
Retirement Plan Options for Business Owners
SEP IRA
A Simplified Employee Pension IRA allows contributions of up to 25% of compensation or $69,000 per year (2024). Easy to set up, flexible contributions, and fully tax-deductible.
Solo 401(k)
Designed for self-employed individuals with no employees. Contribute as both employer and employee, up to $69,000 per year. Includes Roth option and loan provisions.
SIMPLE IRA
A Savings Incentive Match Plan for Employees works well for small businesses with up to 100 employees. Lower cost and easier to administer than a traditional 401(k).
Defined Benefit Plan
For high-income business owners who want to maximize contributions. Can allow contributions well above standard limits - sometimes $100,000 or more per year.
Cash Balance Plan
A hybrid between a defined benefit and defined contribution plan. Ideal for profitable businesses looking to shelter large amounts of income from taxes.
Business Exit Planning
Your business sale could be your largest retirement asset. We help you plan the transition to maximize after-tax proceeds and convert them into lasting income.
The Advantages of Planning Now
Let's Build Your Business Retirement Strategy
Schedule a free review and we will identify the best retirement plan structure for your business, your taxes, and your future.
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