Choosing the right retirement plan is one of the most important—and confusing, decisions a business owner makes.
In this episode of the Empowering Healthy Business Podcast, Calvin Wilder talks with Charles Reichelt about how small business owners can design retirement plans that work for both the owner and the team.
They cover the pros and cons of different plan types, how to manage costs and compliance, and how employee education plays a critical role in plan success.
In this episode, you’ll learn:
How different retirement plans work for small businesses
When to use a 401(k), SIMPLE IRA, SEP IRA, or solo 401(k)
How to increase owner contributions while staying compliant
How to keep plan fees transparent and competitive
When it’s time to benchmark or redesign your plan
If you’re starting a retirement plan, or wondering whether your current plan still fits, this episode provides clear guidance to help you make confident decisions. Charles Reichelt - FTG Squared Direct phone: 301-466-9945
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