The right retirement plan can save you money now and later
A good retirement plan does two jobs at once. It lowers your tax bill this year, and it builds wealth you can actually retire on. Plenty of business owners miss one or both, usually because they set up a plan years ago and never looked at it again, or never set one up at all.
That is money left on the table. The contribution limits, the deduction rules, and the right structure for a physician with three employees look nothing like the right structure for a solo business owner just turning a profit. If your plan was a default choice from a decade ago, it may be costing you more than it saves.
Our retirement plan analysis fixes that. Brammer, Begnaud & Lattimore looks at where you are now, what you want later, and which plan moves you toward both. Then we hand you a clear recommendation, not a stack of brochures.
Not all retirement plans are built the same
There is no single best retirement plan. There are several good ones, and which one fits depends on your income, your entity type, and how many people you employ. Here is the plain-language version.
A SEP-IRA is simple to run and lets you contribute a healthy percentage of income, which suits owners with few or no employees. A SIMPLE IRA works well for small teams that want a modest match without heavy administration. A Solo 401(k) is built for owner-only businesses and often allows the largest contributions at moderate income levels. A defined benefit plan, closer to an old-fashioned pension, can shelter much larger amounts for high-earning owners who want to catch up fast.
Each one carries tradeoffs: contribution caps, paperwork, employee coverage rules, and how much flexibility you get year to year. A high-earning dentist nearing retirement has very different math than a new business owner just turning a profit. The wrong plan caps your savings or buries you in administration. The right one does the opposite.
How BBL researches and compares your options
We do the legwork so you do not have to read the fine print on five different plans. Here is how the analysis works.
We gather the details that matter
We start with your business entity, your owner income, your number of employees, and your goals. A sole proprietor planning to hire next year needs a different recommendation than an established partnership.
We model the contribution math
For each viable plan, we calculate what you could contribute, what you could deduct, and what it would cost to administer. Real numbers, based on your books, not generic examples.
We compare options side by side
You get a clear comparison of the plans that actually fit, with the tradeoffs spelled out in plain language. Contribution limits, employee impact, flexibility, and paperwork, all in one view.
We give you a recommendation you can act on
We tell you which plan we would choose in your position and why. If you want to move forward, we help you set it up and keep it on track year after year.
Retirement planning pairs naturally with tax strategy
Retirement contributions and your tax bill are tied together. Every dollar you put into the right plan can reduce taxable income now, which is why this decision works best as part of year-round tax planning, not a rushed call in April.
We build retirement plan analysis into our broader tax strategy so the two work in the same direction. We can see how a larger contribution changes your liability, how it interacts with your entity structure, and whether a plan change makes sense before year-end while there is still time to act. One conversation, one strategy, instead of a retirement decision over here and a tax bill surprise over there.
Southeast Texas business owners trust BBL with the details
We have helped small businesses, nonprofits, and professionals across Southeast Texas since 1950. Seven decades of tax, payroll, and advisory work means we have seen how retirement decisions play out over careers, not just tax years. Physicians, dentists, veterinarians, retirees, and high net worth individuals count on us to handle the details they would rather not.
And because our guidance comes through a fixed monthly fee that bundles your services, this analysis is part of what you already pay for. No separate invoice, no billing surprise for asking a good question.
Frequently Asked Questions about retirement plan analysis
Which retirement plan is best for a small business owner?
It depends on your income, entity type, and number of employees. A SEP-IRA suits owners with few employees, a Solo 401(k) fits owner-only businesses, and a defined benefit plan helps high earners save more. Brammer, Begnaud & Lattimore compares your real numbers to recommend the right fit.
Can a retirement plan really lower my taxes?
Yes. Contributions to the right plan reduce your taxable income for the year, which can meaningfully cut your tax bill. Brammer, Begnaud & Lattimore builds retirement plan analysis into year-round tax planning so your contributions and your tax liability work in the same direction.
Does the retirement plan analysis cost extra?
No. For clients on our fixed monthly fee, retirement plan analysis is part of the bundled services you already pay for. There is no separate invoice and no billing surprise for asking us to review your options or change your plan.
How does BBL compare the different retirement plans?
We gather your entity type, owner income, employee count, and goals, then model the contribution and deduction math for each viable plan. You receive a side-by-side comparison with the tradeoffs explained in plain language, plus a clear recommendation you can act on.
Start planning for your future today
Let us guide you toward a healthy financial future. We will look at your numbers, compare your real options, and recommend the retirement plan that fits your business and your goals. Everything runs through our secure online platform, with year-round support, so you are never buried in paperwork or waiting until tax season to get answers.
Ready to see what the right plan could save you?
