Well, we are truly on the final day of 2020. As if you didn’t already have enough places to figure out where your money needs to reach, there’s another consideration—your retirement account contributions. “But retirement is so far away!” The only person who can get away with saying retirement is far away is a 16-year […]
There’s a lot to love about being your own boss. But, there is one huge drawback; not having an employer-sponsored retirement plan. Here are the rules for solo 401 k’s and the contribution limits in 2021. An employer-sponsored retirement plan might not have been something that you thought about previously. However, it’s essential if you […]
As a business owner, you have an assortment of retirement options. These range from the straightforward, think an Individual or Simple 401 (k), to the more complex, such as a Money Purchase Plan or Profit Sharing. However, for many, the creme de la creme is a Roth IRA. Why? Because not only is able to […]