• 86. Retirement Plans for Consultants

  • 2024/11/12
  • 再生時間: 12 分
  • ポッドキャスト

86. Retirement Plans for Consultants

  • サマリー

  • Get my Monthly Newsletter here

    This episode, Erica covers 4 key retirement plans: Roth IRAs, Traditional IRAs, SEP IRAs, and Solo 401ks. Erica explains the eligibility criteria, 2024 contribution limits, and special considerations based on business structure (sole proprietor, LLC, or S Corp). She highlights the benefits and potential drawbacks of each plan, offering insights to help solo consultants make informed retirement savings decisions.

    (00:54) Retirement Planning for Self-Employed Consultants

    (02:11) Roth IRA: The Favorite Child

    (03:55) Traditional IRA: A Flexible Option

    (05:46) SEP IRA: Ideal for High, Fluctuating Income

    (07:57) Solo 401k: High Limits and Flexibility

    (09:48) Key Takeaways and Final Thoughts

    (11:43) Stay Connected and Informed

    ____________________

    Resources Referenced:

    Ep69 - SEP vs Solo 401(k) with Sean Mullaney, CPA

    ____________________


    Connect with Erica | LinkedIn | Website | Newsletter

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あらすじ・解説

Get my Monthly Newsletter here

This episode, Erica covers 4 key retirement plans: Roth IRAs, Traditional IRAs, SEP IRAs, and Solo 401ks. Erica explains the eligibility criteria, 2024 contribution limits, and special considerations based on business structure (sole proprietor, LLC, or S Corp). She highlights the benefits and potential drawbacks of each plan, offering insights to help solo consultants make informed retirement savings decisions.

(00:54) Retirement Planning for Self-Employed Consultants

(02:11) Roth IRA: The Favorite Child

(03:55) Traditional IRA: A Flexible Option

(05:46) SEP IRA: Ideal for High, Fluctuating Income

(07:57) Solo 401k: High Limits and Flexibility

(09:48) Key Takeaways and Final Thoughts

(11:43) Stay Connected and Informed

____________________

Resources Referenced:

Ep69 - SEP vs Solo 401(k) with Sean Mullaney, CPA

____________________


Connect with Erica | LinkedIn | Website | Newsletter

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