Best Retirement Plans for Sole Practice Owners скачать в хорошем качестве

Best Retirement Plans for Sole Practice Owners

NEW! Learn accounting with Toni Cameron, CPA anytime, anywhere with our brand new webinars on-demand! Check them out here: https://www.tldraccounting.com/on-dem... ____ In today's video we're going to talk about future-proofing your lifestyle by saving up for retirement. Many retirees, even today (with Social Security), find themselves struggling to afford the kind of lifestyle that they would consider decent. I know, I’ve talked to them myself! Let’s cover three major kinds of retirement plans that we most recommend to therapy practice owners, depending on your circumstances: the Roth IRA, the SEP-IRA, and the Solo 401(k). TL;DR: A solo practice owner has options to save for retirement. The Roth IRA has strict contribution and income limits, and your retirement savings will not compound tax-free. The SEP-IRA lets you contribute 25% of your net income. If you can stomach some administrative complexity, consider the Solo 401(k) option. Regardless of everything else, the best thing you can do for yourself now is to set up a plan to sock away at least 10% of your income! To read the full blog, head over to our website here: https://www.tldraccounting.com/retire... TL;DR: Accounting is a virtual accounting firm for therapists in private practice, individuals and small business owners. We help small business owners grow and maintain their business through bookkeeping, tax services, financial coaching and more. Learn more: https://www.tldraccounting.com/ #retirementplanning #sepira #rothira #solo401k #retirementfortherapists Sign up for our mailing list: http://eepurl.com/diAxoT