This presentation will provide a basic overview of the various retirement plan options that can be tailored to benefit small law firms. The presentation will begin with an introduction to the importance of retirement plans, followed by a detailed overview of key retirement plan types that are available to small law firms, including SEP’s, SIMPLE’s, 401(k)s, Profit-Sharing Plans, and Defined Benefit Plans. The presentation will include an introduction to the Secure Act 2.0, highlighting how this legislation enhances retirement savings opportunities and offers incentives for small businesses to establish and maintain retirement plans. The presentation concludes with practical advice on plan implementation and administration, actionable steps for selecting the right plan, and a Q&A segment to address specific audience questions.
Speakers: L. Monette Lawrence, Archford Capital Strategies LLC, Swansea; James 'Jim' D. Maher, Archford Capital Strategies LLC, Swansea
Opinions and positions stated by presenters of MoBarCLE programs are those of the presenters and not necessarily those of The Missouri Bar. This program is intended as information for lawyers in Missouri, in conjunction with other research they deem necessary, in the exercise of their independent judgment.