Help Small Business Owners Choose a Retirement Plan
Nov 16, 2015
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By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
Business owners have until December 31 to adopt a qualified retirement plan and claim a tax deduction for 2015. Which retirement plan to choose depends on the client’s objectives and his ability to comply with the rules. Here are the key provisions to consider in selecting either a 401(k), SEP IRA, or SIMPLE IRA.