Solo 401(k): The Solopreneur's Retirement Account($19.99Value)

Description

Navigating retirement for solopreneurs is not easy—strategically save with the Solo 401(k). If you’re self-employed, saving enough money to retire can feel complicated when you wear both the employer and employee hats. Get educated and empower your retirement with Solo 401(k) . Sean Mullaney, a financial planner and licensed CPA, cuts through the complexity and boils down what solopreneurs need to know about saving for the future. The Solo 401(k) plan allows self-employed entrepreneurs to reduce taxes and strategically save for retirement. This guide will give you the valuable insight you need to create, navigate, and optimize your own Solo 401(k) plan with tax planning 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 account options, such as the Roth IRA. Whether you’re self-employed, a side hustler, or a financial adviser, this is the educational resource you need to help build personal wealth for the life you 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! "Solopreneurs can learn about the Solo 401(k) and help secure their financial futures in the process." -Brad Barrett, co-founder and host of the ChooseFI Podcast "Saving for retirement doesn't end when you become a solopreneur!... make well-informed decisions on the path to financial independence and go beyond the basics without causing overwhelm...Mullaney's generous guide will provide timely clarity and confidence, especially as entrepreneurship continues to grow." -Cody Garrett, CFP®, Measure Twice Money "Sean Mullaney takes a nuanced subject and explains it succinctly with relatable scenarios. For the self-employed with an added interest in pursuing financial independence, this book will unlock a very powerful tool for your journey." -Alise Jackson, Financial Coach and Founder of AJ Moneycoach "A helpful resource for entrepreneurs and those with side hustles looking to save for retirement. The book breaks down complex tax topics by using simple examples, showing the impacts of the various strategies that solopreneurs have available to them." -Jon Luskin CFP®, Financial Planner Sean Mullaney is a financial planner with a solo financial planning practice. Prior to that, he had a long career working for Big 4 accounting firms and the IRS. He holds a law degree and a masters in taxation (LLM) and is a licensed CPA in California and Virginia. Sean's personal finance insights have been featured in The New York Times, Forbes, and Business Insider, and he is a frequent guest on personal finance podcasts. Learn more: www.fitaxguy.com.