Beyond 401(k)s for Small Business Owners

The ultimate reference on compensation for small business owners Beyond 401(k)s for Small Business Owners presents strategies for reducing taxes, planning for your retirement, and rewarding high-performing employees. Expert advice from attorney and CPA Jean Sifleet will help small business owners maximize their own rewards and create an environment in which employees know that their hard work will mean a better future for themselves. In clear, simple language this book helps you figure out what kind of plan you can afford, what your employees want, and what to do. Important tax and insurance issues are covered in detail and step-by-step guidance lets you design a compensation strategy that works for both you and your employees. Case studies, sample plans, and helpful references make this book your one-stop source for complete coverage of alternatives, from cash bonus programs to employee stock option plans (ESOPs) and everything in between. With Beyond 401(k)s for Small Business Owners you'll have all the tools you need to: * Maximize owner benefits, reduce taxes, and enhance your retirement income * Use creative compensation to motivate your employees * Understand qualified and nonqualified plans * Address the unique issues of family businesses * Get the best deal on insurance and benefits for your company * Avoid expensive pitfalls * Measure your progress and keep your plan on track

The ultimate reference on compensation for small businessownersBeyond 401(k)s for Small Business Owners presents strategies forreducing taxes, planning for your retirement, and rewardinghigh-performing employees. Expert advice from attorney and CPA JeanSifleet will help small business owners maximize their own rewardsand create an environment in which employees know that their hardwork will mean a better future for themselves.In clear, simple language this book helps you figure out what kindof plan you can afford, what your employees want, and what to do.Important tax and insurance issues are covered in detail andstep-by-step guidance lets you design a compensation strategy thatworks for both you and your employees. Case studies, sample plansand helpful references make this book your one-stop source forcomplete coverage of alternatives, from cash bonus programs toemployee stock option plans (ESOPs) and everything in between. WithBeyond 401(k)s for Small Business Owners you'll have all the toolsyou need to:* Maximize owner benefits, reduce taxes, and enhance yourretirement income* Use creative compensation to motivate your employees* Understand qualified and nonqualified plans* Address the unique issues of family businesses* Get the best deal on insurance and benefits for yourcompany* Avoid expensive pitfalls* Measure your progress and keep your plan on track

1. What are you Trying to Accomplish?2. Why Have a Compensation Plan?3. What Is Important to Employees?4. What Is the Current Employee Picture?5. Family Business?6. What Are the Options:?7. What Do You Really Need to Know About Buying LifeInsurance?8. Case Studies that Illustrate Alternatives.9. Requesting Proposals.10. Implementing Your Plan.11. Tips from Experts to Avoid Common Mistakes in RetirementPlans.12. Financial Health-Check: Is Your Plan on Track to AchieveYour Goals>13. Avoiding Chaos: Estate Planning and Retirement Planning.14. Resources ad References.Appendix : Common Definitions.Index.