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Best Self-Employed Retirement Plans


In this video, Keith Hall talks about what he thinks are the best self-employed retirement plans. Consider making contributions to your plan of choice today! The NASE was founded to provide day-to-day support, including direct access to experts, benefits, and consolidated buying power that traditionally had been available only to large corporations. Today the NASE represents hundreds of thousands of entrepreneurs and micro-businesses, and is the largest nonprofit, nonpartisan association of its kind in the United States. More: Member Benefits & Offerings: Grants & Scholarships: Ask The Experts: Blog: Other YouTube Channel: Facebook: Twitter: LinkedIn: Instagram: Pinterest: NASE IS… Keith Hall: John Hearrell: Katie Vlietstra: Melissa Alford: Thom Childers: Cameron Brown: Scott Stryker: Rosie Farris: ...(read more)


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Are you self-employed and looking for the best retirement plans? retirement planning is an important part of financial planning, and if you are self-employed, you need to be especially diligent. There are a number of retirement plans available to the self-employed, and it is important to choose the right one for your individual needs. The first option for the self-employed is a Simplified Employee Pension (SEP) IRA. With this retirement plan, you can contribute up to 25% of your net earnings or $56,000, whichever is less. This plan is relatively easy to set up, and it allows you to save for retirement in a tax-deferred manner. Another retirement plan option for the self-employed is a Solo 401(k). This plan allows you to contribute up to $19,500 annually, plus an additional $6,500 if you are over the age of 50. This plan also offers the potential for tax-deferred growth. If you are self-employed and have employees, you may want to consider a Savings Incentive Match Plan for Employees (SIMPLE IRA). This plan allows you to contribute up to $13,500 annually, plus an additional $3,000 if you are over the age of 50. You can also choose to match your employees’ contributions up to 3% of their salary. Finally, you may want to consider a Defined Benefit Plan. This plan allows you to contribute up to $230,000 annually, and you can use a variety of investment options to grow your retirement funds. This plan is more complex than the other options, and it requires professional assistance to set up and manage. No matter which retirement plan you choose, it is important to do your research and make sure that the plan is right for you. Be sure to consult with a financial advisor or tax professional to ensure that you are making the best decisions for your retirement. https://inflationprotection.org/best-self-employed-retirement-plans/?feed_id=72808&_unique_id=63f60997e26bd #Inflation #Retirement #GoldIRA #Wealth #Investing #selfemployedretirementplans #sepira #Solo401k #SEPIRA #selfemployedretirementplans #sepira #Solo401k
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