What Are the Benefits of a Small Business Retirement Program like Small Business 401(k)s?
Beyond basic talent retention, as a small business owner, employee retirement plans, 401(k)s included, can help generate wealth by deferring taxes on tens or maybe even hundreds of thousands of dollars per year of earned income.

Small Business Retirement Program Basics
What is a 401(k)? A “401(k) Plan,” according to Investopedia, “is a qualified plan established by employers to which eligible employees may make salary deferral (salary reduction) contributions on a post-tax and/or pretax basis. Employers offering a 401(k) plan may make matching or non-elective
contributions to the plan on behalf of eligible employees and may also add a profit-sharing feature to the plan. Earnings accrue on a tax-deferred basis.”

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401(k) Small Business Retirement Plan Program State of the State
Unfortunately, there has been significant mismanagement of 401(k) plans in recent years. Many people haven’t begun to see financial recovery since they have stayed on the sidelines during the current recovery. For small businesses, active management of 401(k) programs, as it relates to a fuller retirement
plan, can potentially generate greater wealth for the business owners as well as the employees.

401(k) retirement plans have almost totally replaced “Defined Benefit” pension plans in the last ten years. According to a recent survey released by Fidelity Investments, most Americans do not understand their pension plans and yet they are more often now required to make their own investment choices in those plans.

Most small business 401(k) plans have very limited investment choices ranging anywhere from ten to twenty investment choices. In addition, many of these plans have significant restrictions in the number of times allocations can be adjusted per year.

Couture Financial Small Business Retirement Plan Program

Small Business owners can serve themselves better by helping their employees. We help craft a solid small business retirement plan which can allow employees to effectively save for retirement, thus allowing employers to retain world-class talent; while at the same time, deferring tax on income up to an amount of several hundred thousand dollars per year for the business owner.

We Focus On:
(1) Provide retirement wealth for business owners while minimizing tax liability.
(2) Offer better financial guidance for employees by reducing 401(k) service fees for both the company and employees.
(3) Allow for better investment choices to be made throughout the organization.

What makes us different from many other retirement management solutions is that with about 25,000 investment choices we get to cherry pick the best managers.

For the small business owner who is looking at generating wealth using retirement plans including 401(k) choices in their company, we are offering a complimentary analysis to help determine the most effective choices. The goal of this complimentary Small Business review is to quantify tactical programs that the small business owner may implement today – including the 401(k) plan – that might allow for significant wealth accumulation for everyone in the organization.

To schedule a complimentary analysis please contact us at 941-366-3551 or click here to email us and we will promptly follow up with you to schedule an appointment.