SEP IRA has a lot of benefits for self-employed individuals like tax-deferred growth, high contribution limits, and more. But before you decide, consider factors like employees, tax climate, and future income sources. Make sure to always choose the best one to have a secure retirement! #RetirementPlanning #SEPIRA #SelfEmployed #FinancialFreedom #GetUpleveled credit (IG): Nate Jenkins - @realestatewithnate Rob Curran - @robert.f.curran.11 SF386 | Uplevel Entrepreneur

This is Edward-Verified! 👌 Did you know that the funds in your 401(k), SEP IRA, or any traditional retirement account will be taxed as ordinary income upon withdrawal? It's important to understand the tax implications of retirement savings plans. Think strategically about your retirement planning and consider investing in assets like real estate or businesses for long-term benefits. #EdwardVerified #RetirementPlanning #TaxAwareness #FinancialLiteracy #GetUpleveled credit: Robert E. Gill - @ther

The Roth IRA limit for 2024 is $7k. That’s $583/month… $135/week… $19/DAY!! You need to contribute NOW because time in the market is way more important than timing the market. The best time to open your Roth IRA was yesterday. The second best time is today :) Confused how to start? Comment INVEST below & I’ll send you my free guide that tells you exactly what brokerage to use, how to sign up for a Roth and what index funds to buy. #FinanceIsCool | Mrs. Dow Jones

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