Have you ever wondered about the different types of retirement plans? Deciding which retirement account is best for you can feel overwhelming. Quite a bit has changed regarding retirement plans in 2020 including: 2020 retirement plan limits, the CARES Act retirement withdrawal , and many others.

If you have ANY 1099 income outside of your normal W-2 income, are a Sole Proprietor, Consultant, OR Small Business Owner of an S-Corp or C-Corp – then this video is just for you. It would be wise for you to become more financially aware about the SEP IRA, SIMPLE IRA, and Individual 401(k). This is the 2nd video in a two-part series regarding the many different types of retirement accounts. In the 1st video, I explain the Roth IRA vs Traditional IRA, 401(k) & 403(b), and 457(b) plans. Leave a comment down below if you have any questions. Thanks!

PART 1 – Retirement Accounts Explained (2020):
(Roth IRA, Traditional IRA, 401(k), 403(b), & 457(b) plans)

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I’ve been involved in people’s financial decisions for 15+ years (7 yrs Real Estate experience & 8+ yrs as a former Financial Advisor)…I now bring the financial successes, mistakes, failures, and best financial habits/tips to you through these videos.

My mission is to bring Financial Awareness to the forefront of your daily decisions so you can: improve your quality of life, increase your net worth, and grow upon your financial literacy. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, entrepreneur, and of course…my experience as a Former Financial Advisor.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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LEARN MORE ABOUT: IRA Accounts

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CONVERTING IRA TO SILVER: Silver IRA Account

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