During our earning years it is important to set aside amounts for retirement. Our Social Security system will not provide the funds necessary to maintain the lifestyle that we become accustomed to during our earning years.

Retirement Plans have gone through many changes over the years and the tax laws now include provisions that encourage workers at all income levels to create their own retirement accounts.

If you are an employee, you want to maximize what your employer provides for you or if you are in business for yourself, you want to establish a plan or plans that will meet your retirement or benefit needs.

Currently, the most commonly chosen retirement plans include: 401(k) Plans Individual Retirement Accounts - Regular, Roth and Educational (IRA) Simple Plans (SIMPLE) Simplified Employee Pension Plans (SEP) Single k plans Defined Benefit Plans Employee benefit plans include: Health Insurance Plans Cafeteria or Section 121 Plans Educational Assistance Plans Health Savings Accounts (HSA) With the status of our Social Security system as well as out of control medical care costs, we anticipate that our country will see a paradigm shift to employers and individuals adopting HSAs similar to how IRAs were adopted in the 1970s. We would be happy to provide you with a no-charge initial consultation to discuss how we can help you decide what plan will best fit your pre-retirement or retirement planning needs. Home | Business | Business Accounting Software Support | Business Financial Projections Business Financial Statements | Business Strategies | Contact Us | Directions | The Firm | Financial Strategies Individual Tax Planning | Industries We Serve | Links | Newsletter | Services | Staff | Tax Guide Center Tax Reference Center | Tax Strategies | Trusts & Estates | Retirement & Benefits Plan Bill Sleasman