Ebook: Solo 401(k): The Solopreneur's Retirement Account
Author: Sean Mullaney
- Tags: Business, Finance, Nonfiction, BUS025000, BUS050050, BUS064030
- Year: 2022
- Publisher: Sean Mullaney
- Language: English
- epub
Navigating retirement for solopreneurs is not easy–strategically save with the Solo 401(k)
If you're self-employed, having enough money to retire might weigh heavily on your mind. Wearing both the employer and employee hats is complicated, and things can get confusing quickly.
CPA and financial planner Sean Mullaney cuts through the complexity and boils down what solopreneurs need to know about saving for the future in Solo 401(k). The Solo 401(k) plan allows a self-employed entrepreneur in almost any business to reduce taxes and strategically save for retirement. His guide will educate and empower you to create, navigate, and optimize your own Solo 401(k) plan and shares tax advice you may not have considered.
You'll discover:
The many advantages of a Solo 401(k), including more flexibility and higher limits for contributions.
Tax planning strategies offered by the Solo 401(k), like tax-deferred or tax-free growth.
How to establish and maintain a Solo 401(k).
IRS income tax reporting required for Solo 401(k)s.
How Solo 401(k)s can be used to save money in conjunction with other popular retirement income options, such as the Roth IRA.
Whether you're self-employed, a side hustler, or a fiscal advisor, this is the educational resource you need to help build personal wealth for the life you or your clients want in the future. Get Solo 401(k) today to learn everything you need to know about the best retirement savings account for solopreneurs. The sooner you start investing in your future, the greater your freedom will be!