Why Your Business Needs a Retirement Plan?

A retirement plan is simply good business on many levels. It has benefits for you, your employees, and your business.

• Jump-start your savings. As a business owner, planning for your retirement is entirely up to you. And if you employ others, you'll be helping them get on the right track for retirement too.
• Benefit from tax breaks. All retirement plans offer tax-deferred growth on earnings. As an employer, you also benefit from tax-deductible employer contributions.
• Give your money a chance to grow. In addition to your plan contributions, the compounding of interest, dividends, and capital allows your account to generate earnings on top of earnings.
• Attract and retain employees. Offering a retirement plan to your employees can keep you competitive in the job marketplace and help your business flourish.

For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.