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A recent survey of 1,300 new business owners conducted by payroll firm Gusto found the share of new business owners working full-time or part-time for another employer while starting their ...
Setting up retirement plans for employees is a daunting prospect for small businesses because of the cost -- so much so that nearly half (48%) of small business owners believe they can't afford to ...
Benefits. The main benefit of a Keogh plan versus other retirement plans is that a Keogh plan has higher contribution limits for some individuals. For 2011, employees can generally contribute up to $16,500 per year, and the employer can contribute up to $32,500, for a total annual contribution of $49,000. The total contribution cap is $50,000 ...
In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...
History. The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction ...
The Small Business Job Protection Act of 1996 (Pub. L. Tooltip Public Law (United States) 104–188 (text), H.R. 3448, 110 Stat. 1755, enacted August 20, 1996) is a United States federal law. It was sponsored by Rep. Bill Archer ( R - TX ) and it was signed into law by President Bill Clinton .
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