Esta es la cuarta publicación de una serie sobre los conceptos básicos de las finanzas de pequeñas empresas. Eche un vistazo a nuestras publicaciones sobre cuentas bancarias de pequeñas empresas y tarjetas de crédito para pequeñas empresas. Esté atento a futuras publicaciones en esta serie.
A type of retirement plan based on tax-deferred annual contributions to an investment account. Unlike with a defined benefit plan, the employee or contributor bears investment risk. A defined contribution plan can be employer-sponsored (also known as qualified or group trust plans) like a 401(k), or individual like an IRA.
You might be perfectly content at work. Maybe you like your co-workers, your boss is a great person, the company seems to be doing really well and you are totally satisfied with your current salary.
If this describes you, than we just have one thing to say: You should join a franchise.
This may seem counterintuitive. After all, why would you leave a job you’re perfectly happy with to take a risk on business ownership? There are actually several reasons why you should do this:
1. No job is safe.
By gaining a solid understanding of basic plan design principles and parameters, you will be better positioned to offer up ideas on ways to effectively manage plan costs. For example, you can adjust the matching contribution formula under a 401(k) plan to increase plan participation without incurring greater out-of-pocket costs. Here are some other ways in which you can maximize your and your employers’ retirement savings while limiting your expense:
One of the key attributes that distinguishes IRA-Based Plans from Qualified Plans is the fact that contributions for IRA-Based Plans such as SEP Plans are made to IRA accounts that are individually established and maintained by each participating employee.
The individual 401(k) plan is a type of 401(k) plan, as the name denotes, designed specifically for owner-only coverage. While you’ll find these plans marketed under a number of different names (Individual(k), Uni-K, Solo-K, Owner-Only 401(k)), the common characteristic is that these names are used to denote a 401(k) product that is designed specifically for the “owner-only” market.
As you’re probably well aware, the 401(k) is an extremely popular type of defined contribution plan.
Employers who adopt a 401(k) plan are generally required to file an annual return (Form 5500) with the federal government. While third-party administrators will often assist in the preparation of this return, it is a good example of the additional administrative burden/cost that typically comes along with a Qualified Plan such as a 401(k) (as compared with IRA-Based Plans which do not require the filing of an annual return such as the 5500).
Existe una amplia gama de opciones de planes de jubilación para empresas que califican para tratamiento tributario preferencial según el código impositivo federal. Si bien hay variaciones sutiles en el tipo de tratamiento impositivo preferencial otorgado a los diferentes tipos de planes, lo que generalmente observamos es una combinación de aportes deducibles de impuestos, crecimiento con impuestos diferidos, y (en el caso de las aportes Roth) retiros potencialmente libres de impuestos. Para ayudarlo a configurar su plan, hay créditos fiscales que cubren los costos iniciales del plan.
A wide array of business retirement plans are available that benefit you at tax time. While the plans vary subtly in the tax benefits they provide, what we’re generally looking at is some combination of tax-deductible contributions, tax-deferred growth, and (in the case of Roth contributions), potential tax-free withdrawals. In order to help you set up your plan, there are tax credits that cover plan startup costs.