How to Build an Efficient Retirement Plan (Ep 32)

Are you a business owner or a plan sponsor that’s looking to set up a retirement plan?
In this episode of Life By Design Podcast, Royal Standley dives deep into the different retirement plan options and shares the key features of each.
In this episode, you will learn:
The three types of 401(k)s and how they each work
The difference between a defined contribution and a defined benefit plan
The benefits of having a 401(k) with a profit-sharing option
Why IRAs are an incentive for younger people
And more!
Tune in to hear the considerations you should make when choosing a retirement plan.
Connect with Royal Standley:
Oregon Pacific Financial Advisors opfa.info/4eF39j9
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Schedule Online with Royal Standley opfa.info/4ciD1cj
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Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action. Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change. All investing involves risk, including the potential for loss of principal. Securities offered through United Planners Financial Services (UP), Member FINRA/SIPC. Advisory Services offered through Oregon Pacific Financial Advisors, Inc. (OPFA). OPFA & UP are independent companies. Neither OPFA nor UP offers tax or legal advice.