I have a unique opportunity. My father has retired and left the family small business to me. As a Novice Fool I thought I'd get some help from the at-large fool community in choosing a retirement plan. We currently have none so I'll be starting from scratch. I want to strike a balance between what will be good for me and for my future employees (currently I am IT!), and not having to spend MY money on a brand new employee that may or may not stick.I am in the business of Carpet Care and Disastor Restoration. (Hope I can get the contract for the Planet Hollywood thing :-) ).I expect to have 3 employees within 6 months. I have looked at Simple plans and 401Ks and would really like some foolish opinions,I would like something that would make the plan available to the employees as soon as they finish 90 day probation period BUT that I would not be requred to contribute to until they had been around a year or so....BUT that I could contribute from the business to MY account immediately.Lot of stuff here I know but if you have any ideas....POST EM!
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