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Mr. Joey Gatewood has owned JG, Inc. for all his life. He is currently 52 and wants to retire at age 60. JG, Inc. is

Mr. Joey Gatewood has owned JG, Inc. for all his life.  He is currently 52 and wants to retire at age 60.  JG, Inc. is a manufacturing plant that employs over 50 employees, most of them young.  JG, Inc. has consistently good earnings with Joey making $500,000 to $600,000 per year.  Joey is willing to use company earnings and even take less salary to help the company fund a retirement plan. 


What etirement plan would you recommend and why?

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I would recommend that Mr Gatewood consider the following retirement plan 401k plan This is a taxdeferred retirement savings plan that allows employees to contribute a portion of their salary before t... blur-text-image

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