Business owners might find it tempting to cut retirement plan contributions when reviewing their 2011 budget, but it’s probably a good idea to look at all the options before making that hasty move.
In his interview with Karin Price Mueller from Entrepreneur Connect, Rick says, “While eliminating a retirement plan or simply not offering one may seem like a smart move, having a plan will help your business save money (in the form of tax deductions for your contribution) and headaches (by retaining valuable workers).” Read more about the benefits of offering a retirement plan and what type of to choose here.