Solo 401(k) or SEP IRA:

Determining the Best Retirement

Strategy for the Self-Employed

Welcome to the Directed IRA Podcast! This is Mat Sorensen, joined by the insatiable Mark J. Kohler. In this episode, we dive into a hot topic: Solo 401(k) vs. SEP IRA. Are you self-employed and wondering which retirement plan suits you best? We break down the differences, benefits, and unique scenarios for both options.

Join us as we explore:

– The origins and benefits of the SEP IRA.
– Why the Solo 401(k) is often considered the superior choice for self-employed individuals.
– Strategies for maximizing your contributions and making the most out of these plans.
– How to navigate the nuances if you have part-time employees or plan to hire soon.

Whether you’re a seasoned entrepreneur or just starting your self-employment journey, this episode is packed with valuable insights to help you make informed decisions about your retirement planning.

Tune in and discover which plan could be the game-changer for your financial future!

Schedule a Free 15-minute new account phone appointment with one of our experienced Senior Account Executives regarding the best type of account for you. https://directedira.com/appointment

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