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"Should I Put More Money Toward My Loans or Retirement?"

Money Guy Show

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SEP IRAs Are a Great Way to Lower Your Taxes

The government's going to reward them for saving for their own retirement and also reward them for creating a path for their employees by incentivizing them. You'll probably do this especially if you do the math and figure out, okay, how much you have to get the employees? What's the benefit that comes from taxes? What’s the benefit that goes in my retirement account? Once you start adding employees, these things don't get kind of expensive because if you're trying to put 15% in every one of your employee's accounts, it can really get expensive.

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