Retirement Planning Part 1: Retirement for the Self-Employed

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As a self-employed individual, you work hard to manage your business finances. Saving for retirement can be challenging without a steady paycheck, but it is important to plan for your own financial future. In this part of our Retirement Planning series, we will be discussing available retirement plan options for self-employed individuals. We will review […]

Retirement Planning Part 2: Setting Up a Retirement Saving Plan For Your Employees

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Under the Maine Retirement Saving Program, employers with 5 or more employees are mandated to provide their employees with a Qualified Retirement Plan or facilitate employee deferrals into a newly formed State of Maine Roth IRA account program. The mandate will take in effect in April 2024. What are employers’ obligations and options? What tax […]