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How Bar Owners Can Maximize Tax Savings and Set Up a 401k Plan with Matt Ruttenberg

Season 3 Episode 140 Published 1 year, 1 month ago
Description

Want to keep more of what you earn and build long-term security for yourself and your team? 

Retirement planning may sound overwhelming — but with the right strategy, it can reduce your taxes, attract better employees, and set you up for the future. 

In this episode, I talk with Matt Ruttenberg, co-owner and Director of Business Development at Life, Inc. Retirement Services. Matt helps businesses, including bars and restaurants, figure out how to set up retirement plans that actually work for them. 

In today’s episode:

  • Why IRAs aren’t always the best choice for bar owners
  • What makes a 401(k) more flexible — and how it can save you money
  • The tax credits that are available right now (they can be big!)
  •  How you can set rules around who qualifies — so you’re not giving money to short-term staff
  •  What to expect when you set one up (it doesn’t take as long as you think) 

Listen now and take the guesswork out of retirement planning for good. 

Learn more about Life, Inc. Retirement Services 

Life, Inc. Retirement Services Website

📌Start Here
Own, run, or manage a bar? Join Bar Business Nation.

An EXCLUSIVE private Facebook group for bar owners and operators who want better ways to run the business.

Ask questions, hear what other owners are dealing with, and get ideas you can actually use.

🔴Join here:
 → https://www.facebook.com/groups/barbusinessnation



📌Additional resources
🔴Grab the books “How to Make Top-Shelf Profits in the Bar Business!” and “Menus that Sell” here:
https://barbusinesscoach.com/book/ 

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