• Maximize Profit With Qualified Retirement Plan for Business Owners

  • Aug 28 2023
  • Durée: 44 min
  • Podcast

Maximize Profit With Qualified Retirement Plan for Business Owners

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  • Résumé

  • Do you think retirement plans are only for large corporations? I debunked this myth with Bill Black from Pension Specialists in the recent episode of the Profitable Home Services Podcast. We discussed how small businesses can significantly benefit from these plans. A qualified plan allows for income tax deduction and offers tax-exempt growth.

    In this episode, Bill and I discuss:

    • Qualified retirement plans for small businesses

    • Debunking the misconception that qualified plans are only for large corporations

    • Types of businesses that can benefit from qualified plans

    • Custom-designed plans vs. one-size-fits-all options

    • State-mandated retirement plans for small businesses

    • Drawbacks of state-mandated plans

    • Common myths and misconceptions about retirement plans for small business owners

    • Maximizing benefits for business owners while providing incentives for employees

    • Process of setting up a pension plan

    • Benefits of a qualified retirement plan in saving on income taxes

    Listen to all episodes at https://profitablehomeservices.com/

    Get a free copy of the Path To Profits Book at https://yourpathtoprofitsbook.com
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