How Business Owners Can Build Toward a More Confident Retirement
Helping Business Owners Turn Hard Work Into Lasting Wealth
Key Areas Where We Help Business Owners
Benefit Plan Optimization
Business Continuity Planning
Risk & Insurance Coverage
Tax Strategy Alignment
Exit & Succession Planning
Personal Retirement Planning
Choosing the Right Retirement Plan
A Simpler Way to Offer Retirement Plans
Common Planning Considerations for Business Owners
- Maximize Retirement Contributions Beyond the Basics
Many business owners don’t realize they can contribute far more than the standard 401(k) limits by layering in profit sharing or defined benefit options. For the right business, this can increase total annual contributions well beyond six figures. We help assess what your business can support, compare plan types, and coordinate implementation—giving you a clearer path to long-term retirement savings.
- Reduce Tax Burden Through Smarter Compensation
- Separate Personal Wealth from Business Risk
It’s common for business owners to reinvest everything into the company, leaving personal finances underdeveloped and overexposed. We work to gradually shift wealth from business to personal holdings—via tax-efficient withdrawals, investment plans, and estate structures—so your future doesn’t hinge entirely on your business value.
- Simplify 401(k) Oversight While Boosting Participation
- Coordinate an Exit Plan Years in Advance
These are simply common examples — additional opportunities often emerge through a more comprehensive review of your specific situation. If any of these concerns sound familiar, let’s have a conversation.
For Trades Professionals: Straightforward Planning from Someone Who Gets It
Running a business in the trades—whether it’s plumbing, HVAC, electrical, roofing, or another hands-on field—means juggling a lot. You’re managing crews, dealing with unexpected repairs, navigating slow seasons, and chasing payments, all while trying to grow your bottom line.
We know financial planning can feel like just another task on a never-ending list. That’s why we focus on keeping it simple, practical, and relevant to how your business actually works.
We help trades business owners:
Set up retirement plans that are easy to manage and affordable—both for you and your team
Use strong income years to build personal wealth, not just pour everything back into the business
Coordinate tax, insurance, and investment strategies that make sense for your seasonality and risk
Create a clear, flexible plan for eventually selling or stepping away from the business
Our goal isn’t to bury you in jargon or spreadsheets. It’s to give you real answers and options that help you move forward—without the guesswork.
Potential Risks Without a Comprehensive Plan
Overpaying Taxes Every Single Year
Missing Out on
Retirement Contributions
No Exit or Succession Strategy
Personal Finances Tied
to Business
Vulnerable to Business Interruptions
Fequently Asked Questions About Marathon Petroleum's Benefits
There are several ways—some simple, some more advanced. Retirement contributions, strategic income deferral, proper entity structure, and proactive expense management can all play a role. We help you understand and implement the ones that actually make sense for your situation.
Yes. While selling your business can be part of your retirement strategy, it’s risky to rely on that as your only plan. A properly designed retirement plan helps diversify your future and adds flexibility, even if your exit goes differently than expected.
Choosing between a SEP IRA, SIMPLE IRA, or 401(k) depends on your cash flow, number of employees, and long-term goals. We help you evaluate the pros and cons—like contribution limits, cost, and employee eligibility—to determine what fits best now and can grow with your business.
Many business owners avoid 401(k) plans due to administrative headaches. We partner with providers to automate onboarding, contributions, eligibility tracking, and even offboarding. This takes day-to-day management off your plate and minimizes compliance risk.
Irregular income is common for business owners, especially in trades or seasonal industries. We help you build a flexible financial plan that adjusts with cash flow—so you can still save for retirement and make smart tax decisions in both good years and lean ones.
This is common—and risky. If your business suffers or doesn’t sell for what you expect, your personal retirement plan could be in jeopardy. We help you gradually diversify profits into investment accounts and structure a transition plan that doesn’t leave you exposed.
Offering a retirement plan can increase retention, especially for top-performing staff. We help design cost-efficient benefits like matching contributions or even key-person life insurance strategies that reward loyalty without breaking your budget.
Unexpected health issues or accidents can disrupt both your life and business. We help you evaluate insurance coverage (like disability, key person, or buy-sell agreements) to reduce the impact on your finances and your family if the unexpected happens.
Yes, but there are better and worse ways to do it. We help you understand options like 529 plans, employer education benefits, or business-paid tuition strategies—while avoiding tax surprises and ensuring the plan fits your overall goals.
Let's Talk Through Your Questions
Our Business Owner Specialists
Kyle works with business owners across industries, helping them align their personal and business finances with long-term goals.
With a background in economics and licenses in investments and insurance, he assists clients with retirement plan selection, risk management, tax-efficient strategies, and exit planning.
-
18214 US 41 Highway N
Lutz, FL 33549 - Kyle@BaseWealthManagement.com
- (813) 995-8338
Dan has over two decades of experience as a financial advisor and is also a business owner himself, running a commercial real estate company in Florida.
He helps entrepreneurs align their business and personal financial goals, offering guidance on retirement plans, risk management, and long-term wealth strategies.
-
7301 Merchant Ct
Lakewood Ranch, FL 34240 - Dan@BaseWealthManagement.com
- (941) 203-6040
Wealth Advisor
Josh Pisa is a financial advisor and founder of Base Tax, where he helps business owners integrate proactive tax planning with long-term wealth strategies.
With over 15 years of experience, he provides guidance on structuring entities, minimizing tax liability, managing business transitions, and aligning personal and business finances.
-
7301 Merchant Ct
Lakewood Ranch, FL 34240 - JPisa@BaseTax.cpa
- (941) 867-6771
