gregscheerinsuranceadmin's blog

Find out how you can earn more with a business CD
Regardless of the size of your business, you’re sure to enjoy a better interest rate on your business capital when you open a corporate CD with Nationwide Bank®. As a small business owner, you can watch your business funds grow as you grow your business with as little as $500 to open an account.

Call 1-877-I Bank NW (1-877-422-6569) and ask to speak with a Business Banking Specialist to start earning valuable interest today!

Get the business money market rate you need to safely grow your savings
At Nationwide Bank®, we know you work hard for your money. That’s why we’ve created a business money market account with rates that will work as hard as you do.

Earn more on the money you save with a business money market rate that’s sure to maximize your savings potential. Easily access your money while earning your company valuable interest with a premium savings account specifically designed for your small business.

Find out how a business money market account makes sense for your situation
Discover how business money market accounts from Nationwide Bank® make sense for small businesses. Whether you’re a company of two or 22, we know you work hard and we believe your money should too. That’s why we offer a way to earn more on the money you save with attractive business money market rates. You’re sure to enjoy our selection of convenient features that give you access to your account when you need it, and much more.

Discover all the ways a business checking account can help make your company better
At Nationwide Bank®, we know that time is money when it comes to owning your own business. That’s why we offer all the convenient features that can help you manage your business checking account whenever you want.

Whether you work independently or employ an entire team, we understand the importance of having a small business checking account that works hard for you. This way, you can spend your valuable time on all the other things that help grow your business.

Our small business banking tool treats every company like a big deal
You’re committed to your business. We’re committed to helping you. No matter what size company you own, you’re sure to enjoy the personalized service and helpful guidance we provide to our clients. And that starts with our small business banking On Your Side® Business Guide.

Many small businesses, partnerships and sole proprietors that want to offer a retirement plan for themselves and their employees choose a SIMPLE IRA.

Among the features of a SIMPLE IRA --  – or Savings Incentive Match Plan for Employees -- are:

For a small business or a sole proprietor, a Simple Employee Pension (SEP) plan may be an attractive retirement solution because it offers: 

Easy startup
Low administrative costs
Flexible contribution terms
A potential three-year $500 tax credit for setting up the plan
Earnings grow tax-deferred
Under a SEP, employers contribute to Individual Retirement Accounts (IRAs) established for employees.

Smaller companies, partnerships and sole proprietors can establish plans to help their employees save for retirement. Individual Retirement Account-based plans are designed to be easy to create and maintain, and can be less expensive than other retirement plans.

Two popular types of IRA plans are:

SIMPLE IRAs
A Savings Incentive Match Plan for Employees (SIMPLE IRA) is a flexible plan for small businesses in which employees can defer a portion of their salary and the employer makes a matching contribution. It is for designed for businesses of up to 100 employees.

A type of agreement funded by life insurance to protect your business and your family in the event that something happens to you or a business partner

What is a buy/sell agreement?
The death of a small business owner, like you, may lead to internal turmoil, customer erosion and disruption in revenue flow. A buy/sell agreement funded with Nationwide® life insurance can help prevent these problems from arising, potentially damaging your business.

A potentially tax-efficient way to leave your legacy to your beneficiaries

Design an inheritance strategy for the future
If you are over age 59½, in good health (or have a spouse who is in good health) and have ample retirement income and emergency funds, you can use wealth transfer strategy to reduce or even eliminate your remaining assets from the taxable estate at death – and potentially leave a greater amount to your beneficiaries.