A SEP IRA allows Business Owners and the Self-Employed to contribute to their IRAs, using few nifty tricks. Justin explains why the SEP IRA or Simplified Employee Pension IRA is useful, the pros and cons over other IRAs, and when you might use one to maximize your IRA benefits.

For a complete transcript with additional resources, visit: https://financiallysimple.com/small-business-retirement-plans-comparison-pick-best/

Don’t forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening!


• Why Not Use a Regular IRA?
• What is a SEP IRA?
• What if You’re Self-Employed?
• Who Can Use a SEP?
• Starting a SEP
• The Pros
• The Cons
• Practical Planning Advice for SEPs

If you found this video informative, SUBSCRIBE to be notified about more business growth and wealth building content.

Want to learn more about getting your personal and business finances in order? Visit https://financiallysimple.com/! You can find awesome business content uploaded daily.


Justin A. Goodbread, CFP®, CEPA®, CVGA®, owner of FinanciallySimple.com, is a nationally recognized financial planner, financial educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience starting, buying, owning, and selling businesses. Winner of the Investopedia Top 100 Advisor award and Exit Planning Institute’s Exit Planner Leader of the Year.

Publication 506: Publication 560, Retirement Plans for Small Business
Financially Simple podcast: https://financiallysimple.com/podcast/
Financially Simple on Facebook: https://www.facebook.com/financiallys
Financially Simple on Twitter: https://twitter.com/financiallysim
Financially Simple: The Ultimate Sale – Get the Book Here!

Financially Simple vlog and podcasts are recorded on:
Yeti Blue Microphone: https://amzn.to/2VB6V7x
Laptop: https://amzn.to/2F4Nj2c

Host Justin Goodbread, Certified Financial Planner, Certified Exit Planning Advisor, Certified Value Growth Advisor. He is a serial entrepreneur, author, speaker, educator, Investopedia Top 100 advisor, and business strategist with over 20 years of experience. Justin owns Heritage Investors LLC, a registered investment adviser with the State of Tennessee. Heritage Investors only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. This material is for general information only and is not intended to provide specific advice or recommendations for individuals. To determine what is appropriate for you, please consult a qualified professional. The Financially Simple podcast provides information, guidance, and support to Small Businesses in the United States.


0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *