Small business owners face a different set of challenges when it comes to planning for their own retirement, as well as for the retirement of their employees. Having a qualified retirement plan for your small business rewards your employees by giving them ownership in a measurable success of the business. For this reason, you can attract and retain quality talent by offering tax-qualified retirement plans to your employees. There are several different types of qualified retirement plans to choose from. Each has its own benefits and pitfalls depending on your company’s unique situation. Noble Wealth Management can help you assess your small business’ needs and select the right qualified retirement accounts for your needs. We assist companies of various sizes, across all industries, around Kennewick and Pasco, WA as well as the surrounding areas.
Noble Wealth Management is an independent financial advisory and wealth management firm with more than 30 years of experience. We help individuals, families, and businesses plan for the future. Why should you consider offering retirement plans to your employees?
There are several different types of tax-qualified retirement plans that you can offer yourself and your employees as a business owner near Pasco, WA. These are a few of the most common:
If it’s just you, or you and a partner, and you don’t expect to take on more employees in the future, a Self-Employed 401(k) will probably suit your needs the best. If you have employees or plan to in the future, you will most likely end up choosing between SEP IRAs and Simple IRAs. The decision really depends on how you want to contribute to the accounts. Contact Noble Wealth Management today to find out which qualified retirement plan type makes the most sense for your business. Once you decide, we can help you with setting up and maintaining your plans.
We assist businesses in Pasco, WA and the surrounding towns. Call (509) 735-9000 to speak with a retirement planning expert and find out what your business should do to prepare for the future.
With 27 years of experience and the knowledge to help you with a variety of aspects of your financial future, Noble Wealth Management in Kennewick is home to the expert you need in your monetary corner. We work hard to provide you with the latest industry knowledge so you can rest easy knowing you’ve got the best advisor helping you make fiscally sound decisions.
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The information contained on this website is presented for informational and marketing purposes only and is not to be understood as financial advice. You should consult with a representative from Noble Wealth Management for further information, the mere act of contacting Nobel Wealth Management does not create a client relationship. As a result, you should never send any confidential information to our office until representation or client relationship has been established.