Why should you take this course?
Entrepreneurs often worry about not having enough money to fund retirement. In many cases, retirement planning is the last item on a very long to-do list. The lack of security and steady paychecks from regular employment make it all the more important to put a plan in place. This course is specifically designed to teach entrepreneurs how to use the solo 401(k) to secure their financial future.
You will learn:
This course is designed to give you the confidence you need to manage a solo 401(k). You’ll experience a classic classroom setting. The course contains plenty of examples and quizzes to reinforce each concept. After completing this course, you will gain a “Cradle to Grave” knowledge of these plans—your key to saving thousands of dollars and reducing your taxes.
After this lecture, you will understand the characteristics of the solo 401(k)s and how they can help you reach your personal finance goals.
This lecture will teach you the skills needed to reduce your tax liability, year after year.
This lectures helps you distinguish between active and passive income. It drills down to the nuts and bolts of how you can save hundreds of thousands of dollars for retirement.
You will learn the amazing amounts of dollars you can save each year.
This lesson teaches you how to calculate your self-employment taxes which determines how much you can contribute to your account.
This lecture teaches you how to maximize your savings and reduce your tax liability if you are under the age of 50.
After this lecture, you will learn how to supercharge your savings as a married couple under the age of 50.
This lesson will teach you how a high income earner maximizes contributions.
This lecture teaches you the nuts and bolts of taking out loans from your 401(k).
This lesson teaches you the skills you'll need to determine your risk tolerance- A key factor in determining how invest your money.
After this lesson, you'll understand why your funds are invested in the stock market.
In this lesson, you'll learn they key elements to the investments inside your 401(k).
Test your knowledge of loan limits.
This lesson will help you avoid the 10% tax penalty if you consider making a withdrawal from your 401(k).
This lesson teaches you the standard distribution guidelines.
This lecture walks you through the steps to begin withdrawing the minimum amount of funds from your solo 401(k).
This lesson teaches you how to avoid stiff IRS penalties because of incorrect RMD withdrawals.
This lecture sums up the benefits you will receive after taking the course.
Hello, I’m Shawn. I’m a personal finance education consultant. Making personal finance topics simple and easy to navigate, is my passion. I hold two master’s degrees-one in financial management and the other in human resources management (June 2016).
I like to focus on personal finance topics that go beyond budgeting and debt management. There are plenty of resources available for those topics. I teach more advance topics such as insurance planning, investment planning, tax planning, estate planning and retirement planning.
I served in the Navy for over 20 years as a Naval Officer. I have a lovely daughter who loves to ride horses and two very spoiled golden retriever dogs. I look forward to creating courses for students here on Udemy.