SML Planning Minute

The Micro(k)®: A “Next Level” Retirement Plan


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For businesses that employ only owners and their spouses, the Pension Protection Act of 2006 extended an unparalleled opportunity to save significant sums in a tax-favored retirement plan. Conventional wisdom of the past few decades was to use a Simplified Employee Pension (SEP). Now there is another choice that may be far better: The Micro(k)® Plan.
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SML Planning MinuteBy Security Mutual Life Advanced Markets Team

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