Broker Check

Latko Wealth Management, Ltd. - Frankfort, IL

 
Email Us | (800) 469-8887 | (815) 469-8887

For Your Small Business

Running a small business is no different than trying to maintain two full time jobs, an extremely difficult task, but we know no one told you it would be easy. We understand there's pressure to make sure your business performs as intended but there's also the other added stresses that came along with owning your own business. Making sure the lights stay on, the paychecks go out, the rent or mortgage gets paid and so forth is no easy task. Latko Wealth Management has been owned and privately operated since 1989 so we understand the stresses that come alongside your day to day business. So why not have Latko Wealth Management take some weight off your shoulders by helping you take control of your finances so you can stay focused on your business.  

For small business owners we offer...  

  • Fee Based Advising
  • Succession Planning
  • 401k Rollovers

See the Chart below to find out what retirement program will benefit your business the most...

Solo 401(k) --   --SEP IRA----SIMPLE IRA----Profit-Sharing
What Plan Fits My Business?                                                              
Self-employed individuals with no full-time employees                  X
        X
            
            
Businesses with 1 - 100 employees                                                       X
 X
X

Who is Able to Contribute?
Employer contributes on employees behalf                                      X
        X
             X
             X

Employee contributes on own behalf                                                 X

             X

What are the Contribution Options?
Employer contributions are tax-deductible                                       X
        X
             X
             X

Employee contributions are flexible                                                   X
        X

             X

Contributions have tax-deferred growth potential                          X
        X
             X
             X

Contributions are immediately vested                                               X
        X
             X
             X

Additional Benefits
Optional loan provisions                                                                       X

             X

No employer IRS tax filing for the business        X
             X

Ability to exclude part time employees                                              X

Tax deductible plan expenses                                                              X

The Facts of an Entrepreneur 

Entrepreneurs generate over 65% of new jobs. While they work hard for us, they need an advisor team working for them.

Business Planning - Succession Plan

Many business owners are too busy running their company today to prepare a solid succession plan. This video offers a checklist for a smooth ownership transition in the future