Offered by the AZ Commerce Authority:
Join us for an insightful workshop designed for small business owners and entrepreneurs looking to secure their financial future and that of their employees. This session will provide a comprehensive overview of various retirement plan options tailored to small businesses. Key Topics Covered: - 401(k) Plans: - Traditional vs. Roth 401(k) - Solo 401(k) for sole proprietors - Simplified Employee Pension (SEP) IRA: - How SEP IRAs work - Contribution flexibility and limits Savings Incentive Match Plan for Employees (SIMPLE) IRA: - Key features and benefits - Contribution limits and employer matching - Multiple Employer Plan 401k: - What is a Multiple Employer Plan - Benefits of a Multiple Employer Plan vs Single Employer Plan By the end of this workshop, you'll have a clearer understanding of several retirement plan option, their advantages, and how to select the best plan to meet your business’s needs and objectives. Whether you're just starting out or looking to optimize your current retirement offerings, this workshop will provide the tools and knowledge you need to make informed decisions.