Nancy Tiako 
SCORE Los Angeles 
818 552-3206 


Tuesday July 16, 2013 from 10:30 AM to 12:30 PM PDT

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International American University 
4201 Wilshire Blvd, suite 610

Los Angeles, Ca 90010


Driving Directions 

There is metered parking surrounding 330 N. Brand and there is parking in the parking garage for a fee of $9 per day.



7-16-13- At IAU- Choosing the Best Retirement Plan for Your Business 

Many small-business owners believe that their businesses will furnish a comfortable retirement for them. As golden years approach, they anticipate selling their nest egg and living off the proceeds.

Business owners who rely on the sale of their businesses for retirement income are statistically speaking, very likely to be very disappointed. Over optimistic projections about the value of their companies lead many small-business owners underinvest in their retirements.

Best strategy for ensuring that you'll have sufficient retirement income to supplement Social Security benefits: Make annual contributions to a qualified retirement plan. Come learn which tax-advantaged retirement plan is best for you and your small business.

Topics covered will be:

Selling your business for retirement is statistically highly unlikely: so better retirement planning is needed

How to raise the retirement plan participation rate of small business owners

3 primary reasons to set up a retirement plan

Well, I'm self-employed: So what are my best retirement saving options?

What is a SEP IRA?

Who can participate in a SEP IRA?

How do I know if a SEP IRA is right for me?

Best features of SEP-IRA and CAVEAT 

What is a SIMPLE IRA?

Who can contribute to a SIMPLE IRA?

How much can I put into a SIMPLE IRA?

How do I know if a SIMPLE IRA is right for me?

Best Features of a SIMPLE IRA and when Best-suited

What is an Individual 401(k)?

When are individual 401(k)s a good deal?

Who can contribute to one?

When can I get access to the money?

What if I need the money before retirement?

How should I invest the money?

How do my withdrawals get taxed in retirement?

Does an individual 401(k) plan make sense for me?

Who can help me set up and administer a plan?

Best Features of Individual 401(k)s and CAVEAT

New 401(k) Rules from Fiscal Cliff Deal

What is a Roth 401(k)?

When might a Roth conversion make sense?

What is a Keogh?

When does a Keogh make sense for me?

What is a Cash Balance Plan?

The Pension Protection Act of 2006

When might a Cash Balance Plan make sense?

How does a cash balance plan work?

Top Retirement Planning Mistakes

Top IRA Planning Mistakes

Why it’s time to pool your retirement accounts

Rolling funds into a new or existing IRA

Two ways you can maximize your current 401(k)