Small Business Retirement Plans

1. Cyrs Wealth Advisors LLCOur small business retirement plans is right fit for you & your employees!

2. Small Business Retirement Plans If you think you can’t afford to offer your employees a retirement plan, you’re not alone. In a recent survey it has been found that, employers most often cited expense as the main reason for not offering retirement plans. Other reasons include limited administrative resources and lack of employee interest. However, retirement plans for small business owners can be beneficial for both employees and employers. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

3. Retirement Plans for Small Business Owners Include Simplified Employee Pension (SEP) - SEP plans enables employers to set aside money in retirement accounts for themselves and their employees. This plan allows for a contribution of up to 25 percent of each employee’s pay. While only the employer contributes to this plan, the employee has ownership of all the money. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

4. Savings Incentive Match Plan for Employees The SIMPLE IRA is for both employers and employees to set aside money for retirement. In this plan, employers need to contribute each year by either matching up to 3 percent of compensation or 2 percent if the employee does not contribute anything. This retirement plan is for small businesses with not more than 100 employees. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

5. 401(k) This pre-tax contribution plan enables employees to save by contributing a portion of their salary to an account invested in securities. The deferred wages are not subject to federal income tax withholding at the time of deferral and are not reported as taxable income on the employee’s individual income tax return. Employers can also contribute to the employees’ plan; these contributions are tax deductible. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

6. Why Set Up a Retirement Plan? A small-business retirement plan is a great option for businesses on many levels. It has benefits for you, your employees (if you have any), and your business. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

7. Jump-Start Your Savings As a small-business owner, planning for your retirement is entirely up to you. And if you employ others, you'll be helping them get on the right track for retirement too. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

8. Benefit from Tax Breaks All retirement plans offer tax-deferred growth on earnings. That means you will benefit from tax-deductible employer contributions. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

9. Give Your Money a Chance to Grow In addition to your plan contributions, the compounding of interest, dividends, and capital gains enables your account to generate earnings on top of earnings. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

10. Attract and Retain Employees When you offer retirement plan to your employees, you can keep you competitive in the job marketplace and help your business flourish. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111

11. Need Help? Here We Are! Cyrs Wealth Advisors LLC 1111 South Alpine Road Suite 701 Rockford, IL 61108 Telephone : 815-316-1111 Email : Prosper@CyrsWealthAdvisors.com Website : https://www.cyrswealthadvisors.com/

12. https://www.cyrswealthadvisors.com/ Call Us - 815-316-1111