Given how few financial institutions are willing to work in the cannabis industry, many cannabis companies are unaware that they can legally offer retirement benefits to their employees.
Employing these four tips will set you on the path to a financially secure retirement, whether you are a new employee, a small business owner, or just want to save some money.
Employee benefits play a major role in attracting and retaining workers. With the Coronavirus Pandemic leaving millions without jobs, and weed considered essential, cannabis companies needs to consider their benefits packages.
The stock market has a tendency to become volatile during times of national and global catastrophe. When these drastic events transpire, the question of “what will happen to my retirement account?” is bound to arise.
Knowing that this can be a stressful time for Retirement Plan Sponsors and Entrepreneurs, our team of industry experts at Leading Retirement Solutions are providing information and guidance for all their retirement plan related questions and regulatory changes.
How will a market crash affect my retirement? Who should I talk to? How do I keep my financial future secure? This post is designed to answer some of these daunting financial questions and provide insight on how to address the recent financial market downturn.
When it comes to retirement preparedness, some groups fair worse than others. As it turns out, women business leaders are less prepared to deal with retirement than male business leaders.
There are a number of strategies that can be implemented to reduce taxes for a company and its business owners when they participate in a ROBS business financing strategy.
The IRS has released new guidelines for the 2020 Contribution Limits for company-sponsored retirement plans and they’ve increased! If you’re not sure what they are, Leading Retirement Solutions has you covered.
We’ve done many articles in the past around initiating a Rollovers As Business Startups (ROBS) financing strategy to start a new business or grow an existing one, but what about when it comes time to exit said plan?
The 2018 Retirement Gap report revealed that women who support dependents not only struggle to reinvest in their business, but 20% are not saving for retirement at all.
The report shows a number of interesting trends suggesting that women business owners and leaders continue to lag behind their male counterparts when it comes to saving for retirement.
For the first time, Cannabis companies across the country can add a 401(k) Plan to their employee benefits package thanks to the efforts of a group of financial, legal and retirement industry veterans including Leading Retirement Solutions.
Did you know, most distributions from a retirement plan (e.g. 401(k), 403(b), 457, etc.) are subject to income tax and may be subject to an additional 10% “penalty” tax?
If you make a contribution to a Simple IRA, a 401(k), a 403(b), a 457, or numerous other types of retirement savings accounts, you are already generally eligible for a tax deduction. But you may also be eligible for a retirement savings contribution tax credit as well.
The insurance industry comes with a huge pool of insurers, each providing its own set of products and services. To ensure that you get the right coverage, here are three things to keep in mind.
