About Business Retirement Plans

Does your Business Have a Retirement Plan? Small business owners work hard building their business. Is your business taking care of your retirement yet? If you are a sole proprietor or have dozens of employees, your successful business should include a retirement plan to reward your success.

Growth.
Have you outgrown your current retirement plan? The plan that was right for you years ago may not be providing you with the maximum tax deferral or compensation anymore. Many successful businesses have a retirement plan that met their situation years ago, but didn't grow along with the business. Let us show you how you can get more of what you want:

• Maximize compensation for the owners?
• Minimize current taxable income for the owners?
• Attract and Retain great employees?

Simplify retirement benefits administration service.

• When was the last time your current plan adviser paid you a visit?
• Do you get on-site help in educating your employees about the retirement plan you put in place?
• Has your plan been reviewed recently to ensure you are getting the benefit of the latest changes in regulations?

A solid retirement plan should evolve as your business changes. We will work with you to understand your needs and then design a plan that matches your needs today and monitor your plan to keep it up to date. O'Brien Financial Planning offers you the personal attention of a small firm combined with the extensive resources of large financial services companies.

Impact.
Here's an example of how a well-designed retirement plan can have a huge impact on the owner.
Linda, 46, owns a small business and currently offers a SIMPLE IRA retirement plan. This plan was great years ago when she started out, but her business has outgrown it. Linda makes $140,000 a year, but her SIMPLE IRA has only allowed her to defer $10,000 of earnings from her taxable income each year. But Linda wants to save more for retirement.

After working with O'Brien Financial Planning, she found how easy that could be.
Linda was able to significantly increase her retirement savings and reduce her current taxable income just by getting a professional review of her business retirement plan.

 

Click here to see how Linda was able to save more for retirement.

This hypothetical scenario is for illustrative purposes only. It is not indicative of investing in any particular product.