Thursday, 23 Jan 2020

Pentegra Releases New Book on Retirement Planning for Small Businesses

WHITE PLAINS, N.Y: A new book on retirement planning for small businesses was just released by Pentegra. 412(e)(3). Safe Stable. Secure.

A Tax-Advantaged Retirement Plan with Guarantees by Mary Read, CPC, CPFA, QPA and Jim Hiza, CPA, provides key insights on two critical financial challenges faced by business owners today reducing tax liability and saving for future retirement, while exploring the many advantages of qualified retirement planning for closely held businesses.

Mary Read, National Director of Qualified Plan Marketing at Pentegra said, Most closely held businesses have no transition plan in place and no retirement plan. If you own your own business, want to pay less taxes, want to protect your assets from the reach of creditors and want to accomplish these things without market risk, then you need to step onto a path long established but under-utilized by today's business owners. That is the path of a fully insured tax-qualified retirement plan.

The book explores fully insured defined benefit plans, the large tax-deductible contributions and substantial guaranteed benefits they can provide, along with reducing the tax on those funds when they are distributed in the future.

(PRN | 3 months ago)