In this episode, I talk about the pros and cons of the main retirement account options for small business owners to setup to save on tax and diversify away from their business whether they have a small side hustle or are full time business owners.
Time Stamps:
- 00:00-01:25: Introduction
- 02:43-04:50 SEP IRA
- 04:50-07:30 Solo 401 (k)
- 7:30-8:56 401 (k)
- 8:56-10:16 Cash Balance Pension Plan
- 10:16-12:40 Conclusion
Resources:
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Download the Ultimate Military Finance Checklist, with 7 pages of critical things to be thinking about to clarify your journey to financial freedom.
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Questions or comments, drop me a note at: erik@baskinfp.com