Choosing a Retirement Solution for Your Small Business
By JJ Thomas • Jan 17th, 2008 • Category: Legal & TaxesSmall businesses are increasingly becoming concerned with offering their owners and employees retirement savings options, such as a 401(k). The problem, though, is that there isn’t as much out there for this market as there is for the larger corporations. This problem is slowly changing. If you are researching retirement savings solutions for your small business, one place to start to get a broad overview of what is available as well as the various tax advantages offered to employers and employees, is THIS publication put out by the IRS.
JJ Thomas is the founder and chief promoter and contributor for BirminghamSmallBusiness.com. JJ has a passion for entrepreneurship and enjoys helping fellow aspiring and practicing entrepreneurs. JJ has also founded other related business ventures, such as Entrevisor (providing entrepreneur advisory services) LOLO Rewards (coalition loyalty and rewards program for locally owned, independent businesses), The Entrecyclopedia (the Entrepreneur's Encyclopedia of useful information) and EntrePulse (a weekly roundup of practical info for aspiring and entrepreneurs).
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