CONTACT US
Tim Schuster talks about retirement savings plans for small businesses, including SEP IRAs, SIMPLE IRAs, and Solo 401(k) plans.

Retirement Savings Plans for Small Businesses

    

In this episode of “The Bottom Line,” EisnerAmper Private Business Services manager Tim Schuster talks about the benefits of a retirement savings plan for companies. Tim looks at SEP IRAs, SIMPLE IRAs, and Solo 401(k) plans and tells us about the eligibility and contribution limits for each.


Transcript

Dave Plaskow: Hello and welcome to The Bottom Line. This podcast examines the everyday business and finance issues faced by closely held and private businesses. We hope to provide you with news you can use in what we like to think of as a jargon-free zone. I’m your host Dave Plaskow and with us again is Tim Schuster, a manager in EisnerAmper’s Private Business Services Group. In this episode we’ll discuss the different types of retirement savings plans available to small business owners. Tim, nice to see you.

Tim Schuster: Dave, it’s always a pleasure.


More Podcasts in This Series
Why the Sandwich Generation Needs to Talk Finances

Tim Schuster from EisnerAmper’s Private Business Services Group talks about the family issues and financial burdens for members of the sandwich generation - those individuals who are responsible for raising their children as well as caring for aging parents.


New Jersey Sick Leave Goes into Effect

As New Jersey initiates paid employee sick leave The Bottom Line examines the requirements for business owners. Some reasons for which employees can use sick leave include an employee's own personal medical treatment or legal services, or that of a family member.


Filling Employment Needs in a Sellers’ Market

EisnerAmper’s Private Business Services Group Manager discusses the current unemployment rate and the booming economy despite current trade tariffs. To help attract employees, businesses are offering incentives such as assisting with student loans to attract millennials.



Mr. Schuster is a Manager providing tax compliance services to individual filers, as well as assistance on tax returns for companies in the manufacturing and real estate industries.

Contact Timothy

* Required