Do you contribute multiple retirement plans? As a self-employed person, you've probably heard of a SEP IRA. When you are looking for ways to maximize
John Hyre Training – How to Make 2020 IRA and 401k Contributions in 2021
Did you know you can set up a new retirement plan before you file taxes and still make contributions for 2020?If you already have an IRA or Solo 401k
Second Draw of the PPP: New Money Available
The Paycheck Protection Program (PPP) resumed on January 11, 2021 with two distinct paths forward. Reapply if you didn't get money in the first
IRS Raises 401k Contribution Limits for 2021
January 2021 begins a new tax year and with it, the IRS increases Solo 401k contribution limits. This means you can put more money into your
SECURE Act and the Solo 401k: Webinar Replay
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law in December 2019. Interestingly, this piece of legislation
Solo 401k and Controlled Groups
If you and your spouse own separate businesses, and those businesses each qualify for a Solo 401k (presence of self-employment business activity and
New COVID Relief Bill Worth $900 Billion
On December 21, 2020, the U.S. House and Senate passed a new COVID-19 Stimulus package worth $900 billion. Inside the 5,593-page bill are provisions
SECURE ACT – 2020 Tax Implications for Year End
Planning your tax strategy? The SECURE Act may have 2020 year-end tax implications that affect you. Now is a good time to refresh your memory about
Traditional vs Roth Solo 401k Contributions
Traditional vs Roth Solo 401k contributions - which is better for you? The big difference is occurs when you begin withdrawing funds from your Roth