As a Small Business you have the challenge to determine what the most beneficial way is for you to build your assets while also saving on taxes. A Pension Plan designed specifically for your business may be the solution.
If you don’t currently have a plan in place, Kara Financial can offer you a Free Look at what a tax deductible retirement plan would look like in your specific business.
If you do currently have a plan, are you sure it’s the right one? The Pension Protection Act dramatically increased the benefits available to owners and top executives. The New Comparability Profit Sharing Plans allows for the largest possible share of the company’s contribution to be allocated to the owner and/or key employees.
As yourself these questions:
~Am I receiving the maximum benefit from my annual plan contribution?
~Do I have the ability to reward my staff differently based on their importance to my company?
~Is this there a way to increase my plan contribution for my benefit while decreasing contributions to my employees?
~Is my current plan right for me and my company?
If your answers to any of these questions is “I don’t know” then you owe it to yourself to obtain a no cost Retirement Plan Review.