Retirement Plans and Maximizing Contributions
Sam shares his experience with retirement plans for his business, including the Sep IRA and Solo 401K. He highlights the importance of understanding employer contributions and the potential for maximizing retirement savings beyond the employee's limit. Chris emphasizes the benefits of these plans and how they can help individuals manage their income more efficiently.In this clip
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Related Questions
How much should you contribute to a 401(k)?
What would be Ramit Sethi's advice for people who don't have an employer match for their 401k account as discussed in the episode Mailbag | Backdoor Roth IRA, 4% Rule & 401k Strategies for Retirement Planning | With Rachael... and the clip Maximizing 401k Benefits?