Timothy Sumer

HUGE SEP IRA Mistake that will cost you tens or even hundreds of thousands of dollars in FEES and TAXES Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know SEP IRA tax deductions are really good for your business if you DON’T have employees. But if you DO have employees' SEP IRA contributions, SEP IRA loss, and compliance side of it will cost you a lot of unnecessary money. Having properly set up a SEP IRA could save you a lot of money or could cost you a lot. In this video, I cover: 00:00 Introduction 01:41 What is a SEP IRA 05:41 SEP IRA Business Owner Mistake 09:23 SEP IRA Tax Strategy ☎️ Schedule your FREE Tax Advisory Session - Uncover the HUGE SEP IRA MISTAKE that could cost you tens or even hundreds of thousands of dollars in taxes! In this game-changing video, our experienced tax planner and advisor expose the major blunder that many individuals commit when managing their SEP IRA accounts. Learn how to sidestep this financial c

Is the SEP IRA the best retirement plan for small business owners? Let's take a look at the rules and regulations of the SEP IRA to help you figure out if this is the right retirement plan for you. 0:00 Intro 0:35 Setup Process 0:57 IRS form 5305-SEP 1:04 SEP IRA Employee Eligibility Requirements 2:34 IRS form 5498 2:54 Contribution Limits 3:38 Catch-Up Contributions 4:08 Investment Options 4:48 Traditional IRA and Roth IRA income limits 7:02 SEP IRA contribution formula 9:15 Contribution rates Publication 560 10:41 Roth IRA + SEP IRA 13:58 Is the SEP IRA the retirement plan for you? ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: Chat on discord: Join Link Support on Patreon: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. S

If you are wondering how contributing to an IRA reduces your taxes this video is for you! I'm talking about how contributing to a traditional IRA can reduce your taxes and NOT a Roth IRA. They are two different types and hopefully by the end of this video you can understand the difference and how they are taxed. ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning process is an ongoing relationship because as you grow, your financial plan grows with you. At Sickle Hunter Financial Advisors, we believe that saving and making sound financial decisions will help improve your life’s changing needs and objectives. Retirement, college planning, wealth buildin