Are you a solo entrepreneur puzzled by the myriad of retirement planning options?

Mike Jesowshek welcomes back Matt Ruttenberg to discuss retirement plan options for solo entrepreneurs without employees. They highlight various plans like IRAs, SIMPLE IRAs, SEP IRAs, and solo 401(k)s, emphasizing the importance of starting with the desired savings amount to determine the most suitable plan. The episode covers the contribution limits, the benefits of each plan type, and the financial implications of choosing one plan over another, particularly in terms of tax deductions and maximizing retirement savings.

Discover how choosing the right plan can maximize your savings and secure your financial future by tuning in!

00:00 - Exploring Basic Retirement Plan Options, SEP IRAs, and Solo 401(k)s
05:48 - Comparison of SEP IRA and Solo 401(k) Contributions and Decision-Making in Retirement Planning
15:22 - Closing and Resource Mention


Connect with Matt Ruttenberg!
LinkedIn:   / mattruttenberg  

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Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast

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Podcast Website: https://www.TaxSavingsPodcast.com
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