Best Self Employed Retirement Plans To Build Wealth And REDUCE TAXES!

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 19

  • @Beckylouis-c4c
    @Beckylouis-c4c 2 місяці тому +129

    As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

    • @Jamesdave-g6m
      @Jamesdave-g6m 2 місяці тому

      A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k

    • @Soniajohn4
      @Soniajohn4 2 місяці тому

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation

    • @Jamesdave-g6m
      @Jamesdave-g6m 2 місяці тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

    • @Soniajohn4
      @Soniajohn4 2 місяці тому

      Just ran an online search on her name and came across her websiite; pretty well educated. thank you for sharing.

    • @ravman1184
      @ravman1184 26 днів тому

      Wait for a correction .

  • @celestecummings8502
    @celestecummings8502 2 місяці тому +1

    Amazing info and such a great breakdown, thank you!

  • @ebells33
    @ebells33 6 місяців тому

    Sherman, this video was sooo informative. Thank you so much for this valuable information!!

    • @mycpacoach
      @mycpacoach  6 місяців тому +1

      I'm glad you found this helpful! Hopefully you're subscribed to our channel.

  • @queleene84
    @queleene84 Рік тому

    Great content! Im definitely sharing your videos!

    • @mycpacoach
      @mycpacoach  Рік тому

      Thank you, we sincerely appreciate it.

  • @wealthtransferenterprise6908
    @wealthtransferenterprise6908 9 місяців тому

    This was great info! I am looking to start my self employment retirement account and I was thinking about the solo 401k. But I have plans on growing the business and getting employees. So my concerns are, what would happen with the money once I get employees and what kind of account would be suggested at that level. Thanks

  • @irinajen6379
    @irinajen6379 9 місяців тому

    Thank you for the info! I’m a single member Llc. What about self employment tax? Do I pay it first, and only can save on my income taxes? Does it make sense to open IRA if didn’t make much?

    • @mycpacoach
      @mycpacoach  9 місяців тому

      Have you see this video regarding self-employment tax? ua-cam.com/video/a4O-JNRIvXg/v-deo.html
      And its hard to say if it makes sense to open an IRA without more info.

  • @beigechen4024
    @beigechen4024 6 місяців тому

    Do you know any company allows nondeductible solo 401k contribution?

  • @gregmattox6195
    @gregmattox6195 4 місяці тому

    So helpful. Thank you.

    • @mycpacoach
      @mycpacoach  4 місяці тому

      Glad you found it helpful!

  • @divinelight8573
    @divinelight8573 5 місяців тому

    Perfect it is exactly what I was looking for . I will contact you asap. Thanks