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Choosing the right retirement plan for your needs
A number of plans are available that can help business owners get ready for retirement, Greg Stevens of Cabot Money Management writes. He explains the characteristics of four such plans: An Individual 401(k), a SEP IRA, a SIMPLE IRA and a Defined Benefit plan. "The decision about which plan to choose should be made within the context of your overall goals and the size and profitability of your business," he writes.

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