Hiring your first employee is an exciting milestone. It usually means the business is growing, you need some help, and things are moving in the right direction. If you have a Solo(k), though, there is one more item to add to the “I need to hire” checklist: Take another look Read more
Let’s Break It Down Many business owners hear “retirement plan” and immediately think, “We’ll look at that next year”.Then next year becomes the year after that and, suddenly, it’s January again and the opportunity feels like it has slipped away again. If you’re still thinking about a qualified retirement plan Read more
Are you a small business owner thinking about starting a qualified retirement plan for your employees? Now’s the perfect time! There are some fantastic tax credits available that can make it more affordable to set up and maintain a retirement plan. Startup Costs Tax Credit: Get up to $5,000 per Read more
The State of Illinois mandates that most small businesses offer a retirement plan to their employees. Are you among the over 220,000 small businesses affected by this requirement? While the My Illinois Savings program (formerly Illinois Secure Choice) provides a straightforward option for small employers, it offers minimal control and Read more