Are you ready to offer a pension plan to your employees but not sure where to start? Join the team at SK CPAs & Business Advisors PLLC January 19 at 3 p.m. at the Capital Grille in Fairfax for a free seminar: Small Business Pension Plans: What is the Right Fit for Your Business?
Key takeaways:
- Learn the types of pension plans available for small business owners
- Learn the pros and cons of the various plans
- Learn how to determine which plan is the best fit for your business
The panel discussion will cover non-qualified accounts that use after-tax contributions, including SEP, SIMPLE IRAs, IRAs, and ROTH IRAs; and qualified accounts, where contributions are tax deferred to employees and tax deductible to employers, including SOLO 401Ks, Safe Harbor 401Ks, Profit Sharing Plans, and Defined Benefit Plans. You will learn the tax benefit of each, how to time the funding, how to set the budget for contributions, and the maximum contributions of a defined benefit plan.
Don’t put off starting your pension plan another year. Let the CPAs at Stitely and Karstetter out your mind at ease so you can map out the right plan for your business.
