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re: Best small business retirement account contribution rate for President/ owners?
Posted on 1/6/24 at 11:49 am to baldona
Posted on 1/6/24 at 11:49 am to baldona
quote:
but still none of my employees make over $70k so offering any sort of retirement plan I won't be able to do a damn thing with employer contributions anymore?
You can do a SIMPLE and match up to 3% as employer contributions.
You can also look into cash balance plans, but may not be worth the administrative costs.
This post was edited on 1/6/24 at 11:51 am
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