July 1, 2004 -- Small business owners are encouraged to periodically conduct a compliance check up of their retirement plans. To maintain their tax advantage status retirement plans must continue to pass certain qualifying requirements.
Lamaute Capital, Inc., an investment brokerage firm in Virginia, has placed on its website www.InvestSafe.com/news.html resource access to help the small business owner determine whether his SEP retirement plan is compliant or not, and how to fix any problems. The SEP plan, also known as a SEP-IRA, is one of the most popular retirement plans used by self employed sole proprietors.
InvestSafe.com also provides information about some of the newer retirement plans for small business owners such as the self-employed 401(k) plan.
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Free Compliance Check Up for SEP Plans
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