Had trouble hitting back on the browser. Major peave.
Is this able to plot different Roth + 401k strategies to maximize tax advantages and returns? Also figuring in your small business activity and write-offs? Big picture.
I've been watching YouTube videos explaining various strategies and ways to bank yourself. Totally pissed me off that no one told me all of this before. My lack of knowledge has really hosed my finances bad and I was the person that would help coworkers figure all this stuff out. I found a lot of people just leaving their money in money market funds in their matched 401 and they were very apprehensive about doing anything. Even saw a trained broker do this.
People are leaving a lot of wealth on the table because they don't know the laws and how they can get rich moving their money around and they will not go to advisors for various reasons,again, mostly out of ignorance. I hear advisors often don't know these laws or fail to tell people.
I had no idea you could get a solo 401k and completely self-direct the investments (I.e put the money into your business or a friends). Searched Fidelity and was able to dig up the PDF forms.
I always thought it was evil to borrow from your 401k,and indeed every document you find on this throws up scary words and harsh language and intermixes the topic with withdrawals. Powerful source of funds that people avoid out of fear and ignorance.
I'm not concerned with watching balances but would like something that can present scenarios for various vehicles and suggest different courses of action.
I want to start a small business, what is the best way for me to fund that without risking to much or getting hosed on taxes...
Is this able to plot different Roth + 401k strategies to maximize tax advantages and returns? Also figuring in your small business activity and write-offs? Big picture.
I've been watching YouTube videos explaining various strategies and ways to bank yourself. Totally pissed me off that no one told me all of this before. My lack of knowledge has really hosed my finances bad and I was the person that would help coworkers figure all this stuff out. I found a lot of people just leaving their money in money market funds in their matched 401 and they were very apprehensive about doing anything. Even saw a trained broker do this.
People are leaving a lot of wealth on the table because they don't know the laws and how they can get rich moving their money around and they will not go to advisors for various reasons,again, mostly out of ignorance. I hear advisors often don't know these laws or fail to tell people.
I had no idea you could get a solo 401k and completely self-direct the investments (I.e put the money into your business or a friends). Searched Fidelity and was able to dig up the PDF forms.
I always thought it was evil to borrow from your 401k,and indeed every document you find on this throws up scary words and harsh language and intermixes the topic with withdrawals. Powerful source of funds that people avoid out of fear and ignorance.
I'm not concerned with watching balances but would like something that can present scenarios for various vehicles and suggest different courses of action.
I want to start a small business, what is the best way for me to fund that without risking to much or getting hosed on taxes...