White Raven Financial has a strong community outreach and we aspire to help out small businesses.
Whether you are a solo contractor or employ others, we can guide you to a retirement plan that will help you build wealth for the future while you focus on your business today.
What are the benefits of setting up a retirement plan?
A small business retirement plan can add value by providing benefits for you, your employees (if you have any), and your business.
- Kick-start your savings. As a small business owner, you are in a unique situation where 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.
- Tax breaks. All retirement plans offer tax-deferred growth on earnings. As an employer, you also benefit from tax-deductible employer contributions.
- Allow your money the opportunity to grow. In addition to your plan contributions, the compounding of interest, dividends, and capital gains 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.