For years, the SEP IRA was the gold standard retirement plan for the self employed. High contribution rates? Check. Easy to open? Check. Flexible investments? Check. However, the SEP IRA is getting some competition, from the solo 401(k) (a.k.a an…
Read More Self Employed in Michigan? Comparing a SEP IRA vs. a Solo 401(k)
When Anne’s husband passed, her social security benefit was the last of her concerns. Finding the right cemetery, breaking the news to friends and family, and grief dominated her thoughts. Who can blame her? The man that she had been…
Can I interest you in saving over $50,000 a year in your 401(k), all of which is tax-free income? Sure, you may be familiar with a backdoor Roth IRA, but have you heard about it’s bigger and much better brother,…
I’ve sat down with hundreds of potential clients in my career, and I’m always amazed at how few questions I receive. Sure, I get the common question, “What are your fees?”, but almost nothing else. It appears to me that…
Read More 6 Questions you Must Ask a Potential Financial Advisor
