In this episode, Jay and Chris discuss the differences between a Simple 401K, Simple IRAs, and SEP IRAs. How can this save you money on taxes and save you money on retirement? Tune in to find out how! Don't forget to subscribe to our channels! We appreciate support from our viewers and listeners. ... ( 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
As an entrepreneur, you might have heard about Simple IRAs, SEP IRAs, and Simple 401Ks - different types of retirement plans for small business owners. However, it's understandable if the jargon makes your head spin. That's why in this Accounting For You episode, we'll break down these retirement plans to help you understand what they mean and which plan is best suited for your business. Firstly, let's start with Simple IRAs. A Simple IRA stands for Savings Incentive
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)