The Business Finance Store Discusses Solo 401(k) Plans for National Retirement Planning Week

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The Business Finance Store outlines some of the benefits and details of a solo 401(k) plan for independent contractors and self-employed business owners.

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This week is National Retirement Planning Week® 2012, led by the National Retirement Planning Coalition, the Insured Retirement Institute reported. This week long awareness event is part of financial literacy month. Financial planning for retirement is more than a concern for individuals. For small businesses owners interested in saving for retirements setting up a 401(k) can be overwhelming. However, for independent contractors and small businesses owners that operate alone, another solution might be a Solo 401(k). In the recent blog post “A Simplified 401(k) Plan for Independent Contractors,” The Business Finance Store outlines some of the benefits and details of a solo 401(k) plan.

Having a strong retirement plan would be great for small business owners, but the administrative hassles and expenses of a traditional 401(k) plan would be overwhelming for someone who operates alone. Luckily there are other solutions that enable those self-employed to save for retirement. Read more about solo 401(k) plans at The Business Finance Store Blog.

The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.

The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.

For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.

For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.

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Kelly Rye
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