Business Owner Retirement Plan Checklist
If your current 401(k) or SIMPLE/SEP feels too expensive, too confusing, or simply underused, this quick guide will help you decide whether to switch providers or start a new plan—and what to fix first for better outcomes. Note for Illinois employers: State law requires businesses with five or more Illinois employees and at least two years in operation to offer their own retirement plan or facilitate the Illinois Secure Choice program. If you’re currently on the state IRA, you
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