Timothy Sumer

#shorts #smallbusinessowner #2023 One of my 10 Year End Financial Planning Tips. What in my opinion might be the best retirement account for small business owners, the Solo 401(k). But to fund an employee deferral, one must be opened by Dec. 31. Check out my handy calculator to find out which retirement plan is best for your small business. Here is why the Solo 401(k) may be better than the SEP IRA. ⬇️ DISCLAIMER : Celestial Wealth Management, LLC is registered as an investment adviser in the State of Maryland and Texas. Neither the information nor any opinion constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instruments. This video is not intended to provide personal investment advice and it does not take into account the specific investment objectives, financial situation and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of inv...

In this video I want to share sep ira explained for Self Employed 2019. The SEP IRA is like the third child in the family and tends to get overlooked. Self employed investors should really consider the sep ira. There are huge advantages to retirement investing with a SEP IRA and in today's video I will cover a few of them. CLICK HERE TO GRAB MY CREDIT REPAIR CHEATSHEET ➡️➡️➡️ ▶︎▶︎SUBSCRIBE TO MY YT CHANNEL➡️➡️➡️ Connect with Me On Facebook ➡️➡️➡️ Instagram➡️➡️➡️ Email: youdeservetowin@gmail.com If you liked the video hit like and subscribe for more! Thanks for watching! Share the video: Sabrina Wright ★☆★ SUBSCRIBE TO ME ON YOUTUBE: ★☆★ SUBSCRIBE ► DISCLAIMER: This video and description may contain affiliate links, which means that if you click on one of the product links,...

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 ...