Eide Bailly Inspired Perspectives | Customized Retirement Plan Solutions and Tax Savings for Owner-Only Businesses

Course Description: How can an owner-only business with no employees use a customized retirement plan to generate significant tax savings? If you own your business, have no employees (or very few) and have consistently high income that results in a huge annual tax bill, a customized retirement plan could help you hang on to some of your hard-earned money while kicking the tax can down the road. Join us for a webinar that will answer: Who is the right fit for this strategy? How does the strategy work? What do you give up in exchange for the significant tax savings? What are some key factors to make it successful? How long does it take to implement? What are the critical deadlines? How do we get started? Learning Objectives: Explore the best retirement plan options for an owner-only business. Identify the important deadlines for modifying or changing your retirement plan. Summarize key tax saving strategies with the right retirement plan.