Retirement Planning for Small Business Owners

"Planning for retirement isn’t just crucial for individuals—it’s a powerful tool for strengthening and growing your small business. This webinar will guide entrepreneurs through the essential components of establishing a retirement plan, helping you make informed decisions that support both your long-term financial security and your business’s success. In this session, participants will learn:

The key benefits of having a retirement plan for your business including how it helps attract and retain employees, improves financial stability, and supports long-term planning. How different retirement options compare, such as SEP IRAs, SIMPLE IRAs, Solo 401(k)s, and traditional 401(k) plans—along with the pros and cons of each How to learn more about the tax advantages of retirement accounts, including deductions, credits, and strategies to reduce taxable income. Whether you're a sole proprietor, growing a small team, or planning for future expansion, this workshop will provide straightforward guidance to help you choose the retirement plan that works best for your goals.

The speaker will be Eddy Desir, Assistant Vice President and Financial Education Specialist of Cambridge Savings Bank."