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James D. Broughton

James D. Broughton
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Retirement plan options for small businesses

Retirement plan setup and maintenance can prove to be a confusing and costly undertaking for any small business. Small business owners looking for a low-cost, low-maintenance opportunity to establish a retirement plan can utilize the Savings Incentive Match Plan for Employees (SIMPLE) or Simplified Employee Pension (SEP) plan rules to take advantage of valuable tax savings today while providing a future benefit for themselves and their employees at retirement.

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