Why Defined Benefit Plans? Defined Benefit plans (hereafter “DB” plans) plans can be a powerful tool in promoting financial security in retirement. They are a valuable option for businesses considering a retirement plan, providing benefits to employees and their employers. Employers start a DB plan for many reasons: A well-designed DB plan can help attract...
Category: Money/Retirement
Start a Business in 2023 with your 401(k)
Yep, why not? In today’s world it is tougher and tougher to find money to start businesses. One way you could do so in 2023 is to use your retirement assets. Yes, you can fund a business with your IRA dough. While most people are aware of the option of using their 401(k) to purchase...
A Countdown of the Top 5 Items in The Way for an Entrepreneur’s Retirement
Are you an entrepreneur and it seems like retirement is years and years away? While it may appear this way, you owe it to yourself to look ahead and begin giving thought to a time in your life that may account for 20 or more “golden” years. Granted, time may be on your side. However,...