Join AMG Counsel for an enlightening discussion on the key differences between SEP IRAs and Solo 401(k)s—two powerful retirement planning tools designed for self-employed individuals and small business owners.
Understanding SEP IRAs:
Simplified Employee Pension (SEP) IRAs allow business owners to make tax-deductible contributions toward their own and their employees' retirement savings.
Ideal for businesses of any size, especially those with fluctuating incomes or looking for flexible contribution options.
What You'll Learn:
Exploring Solo 401(k)s:
Solo 401(k)s are designed exclusively for self-employed individuals and business owners with no full-time employees (other than a spouse).
Offer higher contribution limits through both employer and employee contributions, plus options for Roth contributions and loan provisions.
Hud Williams of Saturna Capital will share practical insights on how to set up these retirement accounts before the 2025 tax deadline, ensuring you have ample time to maximize your savings and benefit from potential tax deductions.
Attorney Glenn will delve into the specifics of each plan, covering eligibility requirements, contribution limits, tax advantages, and administrative responsibilities. This comprehensive overview will empower you to choose the retirement strategy that best aligns with your financial goals.
Who Should Attend:
Self-Employed Professionals seeking effective retirement solutions.
Small Business Owners interested in offering retirement benefits.
Freelancers and Consultants looking to maximize their savings.
Financial Advisors and Accountants who advise clients on retirement planning.
Anyone eager to understand and leverage SEP IRAs or Solo 401(k)s for their financial future.
Don't miss this opportunity to secure your financial future.
Equip yourself with the knowledge to make informed decisions about your retirement planning!
Reserve your spot today and take the first step toward a more secure tomorrow.
