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6000 Turkey Lake Road, Suite 212, Orlando, FL 32819

407-248-9647
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Retirement Planning for Small Business Owners in Orlando, FL

As a small business owner, planning for your retirement can feel overwhelming amidst the daily demands of running your company. At McDonough Capital Management, we understand the unique challenges small business owners face when it comes to preparing for the future. Our team specializes in retirement planning for small businesses, offering solutions to help you secure your financial future.

Tailored Retirement Planning for Small Business Owners

Your retirement plan should be as unique as your business life has been. Whether you’re exploring a small business 401(k) or seeking strategies for a self-employed retirement, we can guide you through the process. At McDonough Capital Management, we provide expertise in selecting and implementing retirement plans that align with your goals, such as:

Solo 401(k) Plans

Ideal for sole proprietors or small business owners with no employees, these plans offer flexibility and high contribution limits.

Small Business Retirement Plans

Including SEP IRAs, SIMPLE IRAs, and profit-sharing plans, which cater to varying business sizes and structures.

Tax Planning

Tax-efficient retirement strategies to maximize your savings while reducing liabilities.

Strategic Guidance for Every Stage of Your Business

Strategic Guidance for Every Stage of Your Business

As a small business owner, your retirement plan isn’t just about saving but preparing for what comes next. Our team helps you navigate the intersection of your personal and business finances, providing insights on how to separate and optimize these goals. Key services include:

  • Long-term retirement planning for small business owners to ensure your financial independence.

  • Exit strategies to position your business for a seamless transition or sale when you’re ready to step away.

  • Comprehensive planning that incorporates estate planning and wealth preservation to protect your legacy.
Why Choose McDonough Capital Management?

Why Choose McDonough Capital Management?

At McDonough Capital Management, we pride ourselves on being more than just financial advisors—we are your strategic partners. Our holistic approach aims to align all aspects of your financial life, with access to a trusted network of professionals to handle tax, legal, and estate needs. By coordinating with these partners, we take the complexity out of retirement planning so you can focus on what matters most–running your business!

Frequently Asked Questions

What are the best retirement plans for small business owners?
Small business owners often benefit from plans like Solo 401(k)s, SEP IRAs, and SIMPLE IRAs. Each plan has unique benefits, such as contribution limits and tax advantages, depending on your business size and structure.

How can I start a small business 401(k)?
Starting a 401(k) for your small business involves selecting a provider, determining the type of 401(k) that fits your needs, and setting up plan documents. We can guide you through each step and see to its compliance and effectiveness.

What is a Solo 401(k) Plan?
A Solo 401(k) is designed for self-employed individuals or business owners with no employees. It allows you to contribute both as an employer and an employee, maximizing your savings potential.

Can retirement planning help with exit strategies?
Yes! Retirement planning often goes hand-in-hand with exit planning. We’ll help you prepare financially for a business transition and a smooth handoff while securing your retirement funds.

Take Control of Your Retirement Today

Contact Us

Planning for retirement as a small business owner doesn’t have to be daunting. With the right strategies and support, you can confidently work toward financial security. Contact McDonough Capital Management today to learn more about our small business retirement planning services and how we can help you pursue your goals.

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