Considering some important issues now could provide more options in the event of early retirement.
These plans have generous contribution limits that increase with age, which may allow high-income business owners to catch up on retirement savings and significantly reduce their taxable incomes.
Small businesses must now pay duties on low-value goods they could previously source inexpensively from China and elsewhere.
This article looks at the Fed’s dilemma in setting monetary policy to address slowing employment with rising inflation, and the potential effects of lower rates on businesses and consumers.