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Barbara Weltman

Big Ideas for Small Business, Inc.

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MyRAs for your employees

May 14, 2015 / By Hudson Fusion

If you don’t have a qualified retirement plan, you can still help employees save for retirement by informing them about MyRAs (modest retirement plans that resemble Roth IRAs). It’s up to them to enroll, and you facilitate contributions through payroll deductions that you remit to the Treasury. Find information for employers here.

Remember, you’ll find a new post on my blog each Thursday — get critical updates, practical help and essential information to assist you in your small business now.

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Small business ideas, business tax news and small business consulting from Barbara Weltman to provide business owners with the information they need to succeed. Visit our small business blog, Idea of The Day®, small business books and articles on small business taxes, small business finance and small business legal advice.

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