February 29, 2024
Retirement Plans Can Benefit Employees AND the Business
These campaigns will enhance your ability to convert more leads into customers when combined with your knowledge and skills.
A Simple IRA plan or SEP IRA plan can provide a simplified way to contribute toward retirement.
Small businesses constantly face the challenge of attracting and retaining employees. And, when they don’t offer any retirement benefit, that challenge increases significantly. A Simple IRA plan or SEP IRA plan provides employees with a simplified way to contribute toward retirement. It can reduce taxes and, at the same time, help you attract and retain quality employees.
The Opportunity
Most small business owners think the only option is a 401(k), which can be expensive and complicated to set up. Talk with them about the Simple IRA and SEP IRA, options provided by the IRS specifically for small businesses seeking a low-cost plan that’s easy to administer and maintain. Best of all, in both (Simple IRA and SEP IRA) plans, employer contributions are tax deductible!
Spotting the Opportunity
Businesses with less than 100 employees and where the business owner is willing to also contribute to the employees saving – The Simple IRA
Sole proprietorships and very small businesses where the business owner is willing to be the sole funding source – The SEP IRA
Plus, in states that require businesses to have a retirement savings plan, these are very cost effective options!
Our team of marketing experts have created campaigns that seamlessly tailor uniquely to you and your business. With these campaigns, you will be able to attract and convert more leads into customers, and this, coupled with your knowledge and personal skills, will enable you to create loyal customers for life.
Access these Campaigns anytime on the Agent Portal, Marketing, Sales Concepts.
Need IRA basics? Find a consumer-facing email and social media posts featuring this sales idea on our:
