Business Retirement Plans Explained: Avoid Costly Mistakes & Choose the Right Retirement Plan.

Setting up a business retirement plan isn’t just about saving for later, it’s about reducing taxes, staying compliant, and making smarter decisions as your business grows.

In this episode of EnRich Your Life, Rich sits down with a seasoned retirement planning Third Party Administrator (TPA), Brad Scherer. His role is to break down how business owners should think about retirement plans, what mistakes to avoid, and how recent regulatory changes can impact your strategy.

Whether you already have a plan or are starting from scratch, this conversation will help you understand your options and avoid costly errors.

Key highlights:
❇️ How to choose the right retirement plan for your business goals
❇️ Common compliance mistakes business owners don’t realize they’re making
❇️ What SECURE Act 2.0 changes mean for 401(k)s and catch-up contributions
❇️ When a cash balance plan actually makes sense


Disclosure:
Brad Scherer is not a client of Richard Leimgruber, no compensation cash or otherwise was not paid in exchange for his appearance in this podcast, and there are no known conflicts of interest. 


Disclaimer: This content is for informational and educational purposes only and should not be considered as financial advice, a recommendation for any specific investment, strategy, or financial decision, or legal advice. By engaging with this material, you acknowledge and agree with its intended purpose. Any examples provided are hypothetical and for illustration purposes only. Neither Rich Leimgruber, the EnRich Your Life Podcast, nor its representatives are advising or suggesting any specific action or decision.
Before making any financial, legal, or tax decisions, individuals should consult their own financial advisor, accountant, legal professional, or other qualified professional before making financial decisions.
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