Barry Group & Associates

10/24/2025

Statistics show that over 60% of small business owners fail to maximize tax-advantaged retirement plans, leaving millions of dollars in untapped deductions annually (Forbes, 2023).

By combining tax-advantaged retirement plans, permanent insurance, and guaranteed income solutions, you can keep more of what you earn while preparing for a financially secure retirement for yourself and your employees.

10/23/2025

⚔️🛡️⚜️Are you missing out on valuable tax deductions?

Many business owners are — and the numbers prove it:

⚠️ Nearly 50% of small business owners didn’t know about the 20% pass-through deduction (Section 199A) — NFIB / Taxpayer Advocate Service

💼 22% of business owners don’t even know their effective tax rate — CNBC Small Business Survey

💸 Over 60% of small business owners earn under $100,000 but receive only 12% of the total tax deduction benefits — U.S. Senate Small Business Committee

These stats show that too many business owners are leaving real money on the table every year by missing out on strategic deductions like retirement contributions, executive bonus plans, home office, mileage, and insurance-based tax planning.

At Barry Group & Associates, we help business owners structure retirement and insurance plans that maximize tax deductions while building long-term financial security.

📅 Schedule your Corporate Policies Discovery Call: link in comments

10/23/2025

Most business owners are missing one of the biggest opportunities to reduce taxes and build long-term wealth — strategic retirement planning.

Our latest article breaks down how to use:
💼 401(k) plans for deductible contributions
🏦 Whole life insurance for executive bonuses and employee retention
📈 Fixed Index Annuities for tax-deferred growth and guaranteed retirement income

By combining these tools, business owners can often save tens of thousands in taxes each year — while building wealth for themselves and their employees.

Read the full article now 👉
🔗 How Business Owners Can Maximize Tax Deductions Through Retirement Planning

Then book a Corporate Policies Discovery Call to learn how Barry Group can design a plan tailored to your business:
💼 Schedule Here www.barrygroup.net

Running a profitable business comes with two certainties: growth opportunities and taxes. For many business owners, the ability to legally reduce taxes while building long-term wealth is one of the most strategic financial advantages available.

06/15/2025

An important part of keeping your promises to your spouse is ensuring they would be OK financially if something were to happen to you. That’s why life insurance is key.

06/14/2025

⚜️⚔️🛡️Securing Your Financial Future as a Small Business Owner

According to SCORE, 34% of small business owners have no retirement savings plan, and 40% are relying solely on selling their business to retire.

This risky strategy often backfires—especially since only 20% of businesses listed for sale ever sell.

The two biggest financial gaps entrepreneurs face are overdependence on business equity and a lack of tax-advantaged personal savings.

Without a diversified plan, even high-income earners risk delayed exits and unstable retirements.

If you’re earning over $100K/year, protect your future with strategies like cash value life insurance, fixed index annuities, and executive bonus plans.

Visit www.barrygroup.net to schedule your Discovery Session and take control of your financial future.

06/10/2025

The Reality of Retirement Savings for the 60+ Crowd

If you’re in your 60s, you’re not alone if you feel your 401(k) balance isn't where it should be. Here’s a snapshot of the current retirement savings landscape:

Vanguard reports that Americans aged 55 to 64 have a median 401(k) balance of $70,620 and an average balance of $232,710, according to their How America Saves 2023 report.

A 2024 Empower article shows that Americans in their 60s have a median 401(k) balance of $209,382 and an average balance of $555,621.

These numbers highlight that many individuals nearing retirement may not meet the often-cited goal of having eight times their salary saved by age 60. Despite this, there’s still time to make significant improvements to your retirement savings strategy.

Essential Retirement Strategy for 60-Year-Olds Rolling Over 401(k) for Guaranteed Lifetime Income

06/10/2025

You’ve built a business that supports your family, employs people, and fuels your community—but are you building your exit strategy with the same intensity?

Too many business owners rely solely on their companies for retirement and protection, yet:

48% of business owners plan to exit their business within the next 5 years, but

75% have no formal transition or succession plan (Source: UBS Business Owner Insights Report, 2023)

80% of businesses that go on the market never sell (Source: Exit Planning Institute, 2023)

Without a proper strategy, your business might not survive without you—and neither will your retirement plans.

You’ve poured your time, sweat, and energy into building a successful business. But here's the truth: too many business owners are rich on paper and broke in retirement.

06/10/2025

🛡️ Why Life Insurance Is a Smart Financial Move in 2025

06/09/2025

📈 Why Business Owners Need a Better Retirement Strategy

According to a 2023 report from U.S. Bank, only 35% of small business owners have a retirement plan in place for themselves, and 40% say they plan to sell their business to fund retirement—yet fewer than 20% of businesses actually sell successfully or for full value.

Meanwhile, Forbes reports that more than 11 million Americans over age 60 still need to work because they don’t have enough retirement income. (Source: CBS News)

Clearly, relying on the sale of your business or market-dependent retirement accounts may not be enough. That’s where FIAs and Whole Life Insurance come in.

In today’s economy—where traditional pensions are rare and 401(k)s can leave your future uncertain—Fixed Index Annuities (FIAs) and Whole Life Insurance Policies offer business owners a powerful, tax-advantaged way to secure retirement income and preserve generational wealth.

06/09/2025

How Business Owners Can Use a Fixed Index Annuity and Whole Life Insurance to Build a Personal Pension and a Lasting Legacy

06/09/2025

A beautiful morning in Downtown Barrington. ☕️🥰

06/07/2025

⚜️⚔️🛡️The Wealthy’s Best-Kept Secret Isn’t Stocks or Real Estate… It’s Life Insurance. 💰

For 150+ years, the ultra-wealthy have used high cash-value whole life insurance as a private, tax-advantaged asset class that quietly builds and protects wealth—regardless of market crashes, inflation, or taxes. 👀

📈 Here’s how they use it:

⚜️Private Banking – Borrow against your policy to fund investments, while your money keeps compounding

⚜️Tax-Free Retirement – Access income with no taxes, RMDs, or penalties

⚜️Estate Planning – Leave a legacy that bypasses probate & taxes

Properly designed policies reach 60–90% liquidity in 3–5 years, grow uninterrupted, and give you control banks and Wall Street never will. ⚔️🛡️

💡 Want to learn how?
👉 Visit barrygroup.net to schedule your FREE discovery call today.