Should I Set Up a Traditional 401(k) For My Business?

October 21, 2020

Should I set up a traditional 401(k) for my business? Business owners may have other options for retirement plans for their business besides the traditional 401(k) plan.  This flowchart addresses common issues for business owners to consider when deciding on the best option for a retirement plan.

Download the flowchart here.

Contact us for more information, or if you need help setting up a retirement plan for your business.

 

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

The LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AL, AK, CA, DC, FL, GA, IN, KY, LA, MI, MO, MS, NC, NV, NY, OH, SC, TN, TX, VA, WA, WI.

Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.