Retirement Options for Business Owners
An attractive feature of business retirement plans is that individual contributions can be tax deferred and company contributions are tax deductible. In addition, the contributions have the potential to grow tax-deferred until withdrawn, generally at retirement.
Different plans have different features, so it pays to shop around. Alamo Capital offers you several business retirement plan options:
- 401(K)
- Defined Benefits Plan
- Keogh Plan
- Money Purchase Plan
- Profit Sharing Plan
- SEP Account (Simplified Employee Pension)
- SIMPLE Account (Savings Incentive Match Plan For Employers)