
Retirement Solutions for Business Owners
Freeman & Freeman understands the challenges that business owners face. Owning a business is extremely gratifying, but it can also be time- consuming. Many business owners and entrepreneurs focus so much on their business that they neglect proper planning for their own future. Our expertise in retirement planning can be an invaluable asset to those looking to save for retirement. We specialize in several retirement plans for small businesses.
SEP IRA
The Simplified Employee Pension (SEP) IRA is a type of retirement account that an employer or a self-employed person can establish. The account allows for the owner to contribute to his own account as well as accounts for the business’ employees. SEP IRAs often have higher annual contribution limits than standard IRAs. When an employer makes contributions to SEP IRA accounts, it receives a tax deduction for the amount contributed. Freeman & Freeman can walk you through if a SEP is the right fit for you.
SIMPLE IRA
The SIMPLE IRA plan (Savings Incentive Match Plan for Employees) allows employees and employers to contribute to traditional IRAs set up for employees. A SIMPLE IRA is another type of tax-deferred retirement savings plan and is ideally suited as a start-up retirement savings plan for small employers. This type of retirement plan is easy to set up for businesses but has its limitations. Freeman & Freeman work with you to establish your long-term goals when determining which IRA is right for your business.
Let’s Begin
Complimentary “Getting to Know Us” Meeting
2001 Timberloch Pl, Ste 500
The Woodlands, TX 77380
Phone: 936.283.4105
Fax: 936.283.4106
