No matter your age, having a retirement account is a vital step to create a stronger financial future. Even if you’re just getting started, opening a retirement account and beginning to save for your future can make a big impact.
In today’s Solo 401k Basics video, we’ll cover when’s the right time to open a retirement account. Essentially, if your business launched and you plan to make money – it’s time! Opening a Solo 401k plan is a great way to start saving for your financial future.
Additionally, we’ll cover three benefits of the Solo 401k in today’s basics video:
1. Lower your taxes through tax-deductible contributions
2. Capture compound growth for faster acceleration
3. Invest with freedom