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ROTH IRA FOR KIDS Small business owners may find it challenging to find ways to provide additional benefits to their children who work for the company. One often overlooked choice is including a Roth individual retirement account (IRA) as part of their compensation, a strategy that offers the potential to benefit both the children and the business. Small businesses play a significant role in labor markets. They employ 61.7 million Americans, 46.4 percent of all private-sector employees. Over the period from 1995 to the present, small businesses have been responsible for generating 17.3 million net new jobs, which accounts for an impressive 62.7 percent of all jobs created since 1995. 1 The Basics of a Roth IRA A Roth IRA is a tax-advantaged investment account that allows individuals to contribute after-tax income. Unlike in traditional IRAs, contributions to a Roth IRA are not tax deductible, as their advantage lies in the tax-free growth potential and tax-free withdrawals in retiremen...

  If you know me, you know I'm all about empowering leaders and business owners to connect more deeply with their teams. Well, get ready, because I've joined forces with a true master of human communication - Chris Voss! You may recognize Chris from his famous book, "Never Split the Difference," and his Masterclass, "Chris Voss Teaches the Art of Negotiation". This former FBI hostage negotiation trainer literally wrote the book on negotiating as a strategic tool for life. His insights have me totally jazzed to co-author "Empathetic Leadership" with him. Why am I so pumped? Because empathy is the secret sauce for motivating people and getting buy-in, whether you're making a deal or leading a team. Chris's tactics for building rapport and trust are game-changing. This book is going to be a defining moment for any leader who wants to ditch the outdated command-and-control management. We're going to crack the code on inspiring people to buy...