MyMoney Resources - Life Events

Planning for retirement is crucial for both business owners and their employees. This resource provides an overview of different retirement plan options available to small business owners, including 401(k) plans, SIMPLE IRAs, and SEP IRAs. It outlines the benefits of each plan, eligibility requirements, and key considerations to help business owners select the best option for their company and workforce. This guide ensures that small business owners can make informed decisions to secure their financial future and support their employees’ long-term savings. Available in English and Spanish.

Be prepared before a disaster strikes your community or small business. As part of a series of focus groups, the Kansas City Fed has developed an array of materials to help you be prepared before and after a disaster. Toolkit includes financial inventory forms, checklists, resources and Spanish-language resources.

Following a rigorous research effort to develop a consumer-driven definition of financial well-being, the CFPB developed and tested a set of questions–a “scale”–to measure financial well-being. The scale is designed to allow practitioners and researchers to accurately and consistently quantify, and therefore observe, something that is not directly observable–the extent to which someone’s financial situation and the financial capability that they have developed provide them with security and freedom of choice. This guide describes the research behind the CFPB Financial Well-Being Scale and provides detailed steps for using it, including how to score individuals’ responses and compare their scores.

Links to the Small Business Administration’s Office of Disaster Assistance whose mission is to provide low interest disaster loans to homeowners, renters, businesses of all sizes and private, non-profit organizations to repair or replace real estate, personal property, machinery & equipment, inventory and business assets that have been damaged or destroyed in a declared disaster.

Some multilevel marketing plans are pyramid schemes, which are illegal and risky.

Want to buy a business? Here’s how the Business Opportunity Rule can help you evaluate the opportunity — and the seller.

Thinking about an internet startup? The promise of big bucks and terrific working conditions can be tempting, but consider these factors before you hand over any money.

Money Smart for Small Business is a new instructor-led training curriculum developed jointly by FDIC and SBA. The 10 modules in this curriculum provide introductory training for new and aspiring entrepreneurs on the basics to organizing and managing a business. In addition to grounding participants in the basics, the curriculum serves as a foundation for more advanced training and technical assistance.

Small Business Information for Women and Minorities.

The SBA’s Women’s Business Center Program comprises a national network of WBCs providing business training, counseling and other resources to help women start and grow successful businesses.