10 Ways to Save More for Retirement and Reduce Your Taxes. The retirement savings plan strategies are pieces to your financial life that can also help reduce your taxes. You can save smarter for your retirement at any income level while reducing your taxes.
0:00 Intro
0:51 #1. Balancing between the Roth IRA and Traditional IRA
2:16 #2. SEP IRA with employees
3:22 #3. Roth IRA and no RMDs
4:30 #4. 401(k) Contribution limits
5:28 #5. NonDeductible Contribution and Backdoor Roth Conversion
6:30 #6. Municipal Bonds in taxable accounts
6:46 #7. Dividend-paying stocks for favorable tax treatment
7:13 #8. Buy and Hold stocks for long-term capital gains
8:00 #9. Workplace Plan NonDeductible Contribution for Megabackdoor Roth
8:58 #10. Nonqualified Annuity for an income stream
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TRAVIS T SICKLE, CFP®, EA®, AAMS®, CRPC®, RICP®
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REVEALED: Best Gold Backed IRA
Hi Travis,can I contribute to both Roth401k and traditional 401k
Wish you had a video for slow learners, beginners in all of this retirement plans. Or should I say retirement for dummies video.
Hi Travis,
my llc started in december 2021
I am not filing taxes and not showing startup expenses for the year 2021 as there is no business activity.
so can I show start up expenses in my next year tax filing in 2022 taxes?
thank you for sharing my friend have a good day