Week 24 (Day 4): Retirement Planning for Business Owners
Day 4: Navigating Retirement Savings Options
Take Action
Helpful Tip
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Week 24 Day 4 Action Plan
Today, we focus on the practical aspect of navigating various retirement savings options for business owners. Different situations call for different approaches—let's explore the best options for you.
Take Action: Navigating Retirement Savings Options
Explore common retirement savings vehicles such as 401(k)s, IRAs, and SEP IRAs.
Understand the tax implications and contribution limits of each option.
Helpful Tip:
Diversifying your retirement savings may help to minimize risk.
Free Resource:
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Which retirement plan best suits your business and personal needs?
Until tomorrow, happy financial management!