Fleishel Financial News
Seven Top Reasons Why Small Business Owners Are Not Getting The Most Tax Savings From Their Retirement Plan
Many small business owners may be using retirement plans like Simple IRAs or SEP plans but they often are not aware they are leaving huge tax savings on the table. There are also quite a few slip-ups that prevent them from taking advantage of the best retirement plans for their company.
Seniors and retirees are heavily at risk for catching COVID-19. While you’re doing what you can to stay healthy, it’s also important to keep your financial health in order. Unfortunately, a lot of scammers are preying on seniors during this time and the stress of the situation makes it difficult to stay focused and easy to make mistakes. Research shows that when seniors experience fear, they’re more likely to make poor decisions, especially when it comes to their finances, and scammers are lining up to take advantage of the opportunity COVID-19 presents.
Under times of intense stress, it’s important to give your immune the support it needs to stay healthy. One of the easiest ways to do this is to incorporate some of the following delicious foods into your diet.
Benefits are anything an employer provides employees in addition to their salary. They’re important because they have a big impact on employee satisfaction. They can attract better candidates to your business and keep the good employees you already have.
If you’ve been monitoring your investments, you’ve seen the impact of COVID-19 on the market. While there are a lot of unknowns right now, it’s important to remain committed to your end financial goals. The economy has its ups and downs and the best approach is typically to stay the course and plan to weather the storm.
COVID-19 may have forced remote work on a lot of businesses but that doesn’t necessarily have to be a bad thing. While some may see telecommuting as the only way to keep their business up and running, it’s also a great opportunity to train your employees and truly be a mentor.
While everyone is feeling a bit uncertain due to the impact of COVID-19, seniors face a particularly difficult challenge. Senior citizens are more likely to feel isolated in general and this has only been made worse in the age of social distancing.
When couples decide to get married, there are some important things to consider beyond wedding planning. One of the most important decisions you’ll make as a married couple is how to approach your finances. Specifically, is it better for you to combine your bank accounts or keep your finances separate? Admittedly, this is not a very romantic topic but it’s important to talk about as it helps you solve potential problems in the future.
Family businesses exist all over the world in different shapes and sizes. They’re the small and medium-sized businesses that keep main streets buzzing. Some are even large global leaders that grew from humble beginnings.
Fleishel Financial Associates is an Independent Registered Investment Advisor.
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