Retirement Plans

Discussion in 'Business Operations' started by turf dog, Nov 8, 2005.

  1. turf dog

    turf dog LawnSite Member
    Posts: 108

    I currently use a SEP Plan for retirement plan. Does anybody here use a simple plan or 401k plan if so what company do you use?
     
  2. Grassmechanic

    Grassmechanic LawnSite Silver Member
    Posts: 2,697

    Look into a Roth IRA. T.Rowe Price is a good company to work with.
     
  3. JRAZ

    JRAZ LawnSite Member
    from NW
    Posts: 143

    n/m

    e bobb orp ah ah
     
  4. MacLawnCo

    MacLawnCo LawnSite Bronze Member
    Posts: 1,847

    In MOST cases, the Roth IRA is the best option. Look into it more for yourself: http://rothira.com/
     
  5. Mike J

    Mike J LawnSite Member
    from Okla.
    Posts: 1

    Psst.....Real Estate
     
  6. GrassMasterNC

    GrassMasterNC LawnSite Member
    Posts: 119

    Diversify, diversify, diversify.
    Savings
    Money market account
    Stocks
    Mutual funds
    Roth IRA
    Bonds
    Real estate
    A cash safe
    Keep your children's college/trust funds completely seperate, and still pray they get scholarships!
    Stay away from futures unless you have the time to put into them.....
     
  7. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    diverisify. Do not just have all of your cookies into a retirement fund
     

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