Tag Archives: small business owner

• Before the Deal: 4 Planning Steps Business Owners Can’t Skip

  Selling a business is usually the largest liquidity event of an owner's lifetime. But the best time to plan for life after the sale is long before you ever go to market. Because tax strategy, investment goals, estate plans, and family priorities are deeply interconnected, waiting until deal terms tighten severely limits your flexibility. Here are four critical areas to…More ›

• Virginia Small Businesses: Big Changes Coming to Your Retirement Plan Rules

  If you run a small business in Virginia, there is a major regulatory update coming that needs to be on your radar! Virginia has officially expanded RetirePath, the state’s mandatory retirement savings program. Starting July 1, 2026, if your business has 5 or more employees (including part-time workers), has been operating for at least 2 years, and doesn’t currently offer…More ›

• Working for yourself? Don’t leave your retirement to chance.

  When you’re self-employed, an independent contractor, or running a small business, you wear every single hat. You’re the CEO, the marketing team, the customer service rep and the head of HR. Because you don't have a corporate HR department handing you a 401(k) matching plan, saving for retirement easily falls to the bottom of your to-do list. But there is…More ›
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  Q& A: Is a Cross-Tested Retirement Plan Right for Your Small Business?

  As a small business owner, do you offer your employees a 401(k) plan with profit-sharing benefits? If so, you're able to maintain the flexibility to make discretionary employer matching contributions to the retirement plan for yourself and your employees each year, depending on your company's cash flow and profits. Offering a 401(k) with profit sharing is a great way to…More ›
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  401(k) Plan Advantages Small Business Owners Should Know

  Why offer your employees a 401(k) plan? The answer is simple: by doing so, you're sending a powerful message that you're invested in their future and committed to helping them achieve financial security for their retirement. If you're a small business owner who's currently thinking about providing a 401(k) plan for your employees, now may be an excellent time to…More ›
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  Plan Sponsor “Dos” for Managing Your Retirement Plan Investments

  As a small business owner, you're likely juggling multiple tasks, not the least of which includes all of the day-to-day responsibilities of running your business - payroll, accounting, sales, inventory, hiring - the list goes on. Managing your company's retirement plan may not be high on your list of priorities. However, neglecting your retirement plan is not a wise strategy.…More ›