Timothy Sumer

Adam Bergman discusses what it means to be self-employed, the different retirement plan options you have, and which is the best one to set up. -- Learn more about self-employed retirement plans: -- Discover more videos by IRA Financial: Subscribe to our channel: -- About IRA Financial: IRA Financial Group was founded by Adam Bergman, a former tax and ERISA attorney who worked at some of the largest law firms. During his years of practice, he noticed that many of his clients were not even aware that they can use an IRA or 401(k) plan to make alternative asset investments, such as real estate. He created IRA Financial to help educate retirement account holders about the benefits of self-directed retirement plan solutions. IRA Financial Group is a retirement account facilitator, document filing, and do-it yourself document service, not a law firm. IRA Financial Group does not provide legal services. No attorney-client relationship exists between Client and IRA Financial

As you plan for the future, it’s important to pick the best retirement plan for a self-employed business owner. This video compares several choices and then focuses on a Solo 401(k) vs. SEP IRA. The reason for that is that accountants have traditionally suggested SEPs, but a SoloK might offer more functionality. That said, you can keep things simple if your plan to save a relatively small amount each year. An IRA might be all you need, but be mindful of the ability to deduct contributions or your eligibility for Roth contributions. 🌞 Subscribe to this channel (it's free): SEPs and Solo 401(k) plans both allow for employer contributions. The amount is similar, but things diverge quickly from there. A SoloK also allows for catch-up contributions and salary deferral contributions, which can increase your savings significantly each year. Get free retirement planning resources: 🔑 9 Keys to retirement planning 🐢 6 Safest Investments Plus, if you’re looking to maximi

Sign Up For Solo401k & Save $60k+ For Retirement Today! Create A SEP IRA with M1 Finance For FREE Today! In this video, we answer the question of what the best retirement plan is for self-employed people so that you can save millions for retirement tax-free and maximize your small business finances. 🛠 My Top Resources For Scaling Businesses: 💻 My Top Small Business Tools Best Business Bank Account (Free): Best Email Marketing (Free): Best Website Builder (Free): Best Productivity Tool (Free): 🔗 Other Stuff Don't forget to subscribe! 👈😁 Add me on Instagram! 👉 DISCLAIMER: This video and description contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! Everything in this video is based on information we learned from online resources, our own experiences, and books we have read. P

If you have a small business with income and are looking to save in a tax advantaged way for retirement, there are a lot of options. The 3 most popular options are: - An Individual 401(k) (also called a "solo 401(k), or i401(k)) - A SEP IRA - Or, a Simple IRA We usually find solo 401(k)s to be the best option. They are simple to administer, and cheap to manage. The biggest advantage for you is that you can put away a lot of money into these accounts - $66,000 for 2023! Small business retirement options can be more complex though if you are considering adding employees. Be sure to reach out if you need help setting up a 401(k), managing the account, or with other parts of your financial plan.... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing When it comes to retirement planning, the options can be overwhelming. There are

Are you a small business owner? If so, retirement planning can be tricky. In this video I'll walk you through the most common types of retirement plans and how to choose the right one for your needs! Visit our website: Ray Halstead and Andrew McMillan are managing partners at REH CPAs in Mooresville, NC. They focus on helping small business owners with their bookkeeping, accounting, taxes, and ultimately allowing them to stay out of their books and in their business. If you want to speak with someone about your small business taxes, give REH CPAs a call at (704) 662-8249.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/how-small-business-owners-can-plan-a-successful-retirement/?feed_id=40258&_unique_id=6375876387152 #Inflation #Retirement #GoldIRA #Wealth #Investing #bestretirementpl