Small business owners are known to wear many hats in order to keep their business afloat but the Social Security Administration is reminding these entrepreneurs to not forget about retirement. Jack Myers, Public Affairs Specialist with the Social Security Administration says that it is not certain the business will sustain a retirement, and that is why paying into Social Security early will help.

Myers explains how minimizing taxable income can hurt Social Security Benefits in the Future.

Myers says that he hears too frequently from small business owners that they are not prepared for retirement.

The Social Security Administration understands the tough world of business and how saving for retirement takes a back seat, but many do not consider aspects such as that business owner becoming disabled or passing away.

Resources made to help those navigate the Social Security services can be found at www.sse.gov/prepare/plan-retirement or www.ssa.gov/pubs.

Jack Myers appeared as a guest on the WTIM Morning Show.