Today, we are living longer and more actively. Chances are you could spend as much as one-third of your life in retirement. The last thing you want is to outlive your assets - run out of money and have to depend on Social Security alone or family to support you. As a business owner, you need to think not only about your own retirement needs, but those of your employees. The time, reporting and costs of tax-qualified plans are why many small businesses decide to pass.
Helps attract and retain a stable work force.
Offers significant tax advantages. Fortunately, there are many choices for bridging the gap between retirement expenses and retirement income. Tax-deferred compounding can help your money grow faster than in comparable taxable investments.