Self-employed Retirement Plans Alexander City AL

A SEP IRA is a retirement account for self-employed professionals and business owners. For 2008, you are eligible to contribute up to 25% of your adjusted gross income with a cap of $46,000. One of the great benefits of a SEP IRA is that the money goes in pre-tax, grows tax deferred and you are eligible to save much more than if you had a 401.

Mr. Fors D Willis, CFP®
(256) 329-7583
200 Aliant Pkwy
Alexander City, AL
Firm
Sterne, Agee & Leach

Data Provided by:
Wells Fargo - Downtown
(256) 215-5108
15 Jefferson St
Alexander City, AL
Type
Branch
Office Hours
Mon-Fri 08:30 AM-05:00 PM
Sat-Sun Closed

Gary Clark
Clark Planning & Investment Advisory
(205) 981-1120
1900 Providence Park, Suite 200
Birmingham, AL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, Retirement Plan Investment Advice, Planning Issues for Business Owners, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, ChFc, CPA/PFS

Larry West
Longview Financial Advisors, Inc.
(256) 534-1196
220B Rhett Avenue
Huntsville, AL
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, Tax Planning, Alternative or Private Investments, Real Estate Investments, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, EA, MBA

Bryan Hancock
Timberchase Financial, LLC
(205) 980-7118
1211 Edenton Street
Birmingham, AL
Expertises
Advising Medical Professionals, High Net Worth Client Needs, Retirement Planning & Distribution Rules, Tax Planning, Planning Issues for Business Owners, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®, ChFc, MBA

Wells Fargo - Marketplace
(256) 392-1000
4316 Hwy 280
Alexander City, AL
Type
Branch
Office Hours
Mon-Fri 08:30 AM-05:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Charles Haines
Kinsight, LLC
(205) 871-3334
600 University Park Place, Suite 501
Birmingham, AL
Expertises
Charitable Giving - Trusts & Foundations, Alternative or Private Investments, Estate & Generational Planning Issues, High Net Worth Client Needs, Ongoing Investment Management, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MBA

Jessica Hovis
Longview Financial Advisors, Inc.
(256) 547-7237
110 Bay Street
Gadsden, AL
Expertises
Retirement Planning & Distribution Rules, Insurance Related Issues, including Annuities, College/Education Planning, Cash Flow/Budgets/Credit Issues, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, CLU

Velda Eugenias
Eugenias Advisory Group, LLC
(256) 546-3243
508 South Fifth Street
Gadsden, AL
Expertises
Women's Financial Planning Issues, Ongoing Investment Management, Planning Issues for Business Owners, Estate & Generational Planning Issues, Insurance Related Issues, including Annuities, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Stephen Haidt
Retirement Advisors, Inc.
(251) 344-0707
1009 Downtowner Blvd.
Mobile, AL
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BS, CFP®

Data Provided by:

S.E.P. IRA for Solo Business Owners

Q: I recently launched my own business and have been told to set up a S.E.P IRA account. Can you explain what this is and why it is recommended for independent business consultants?

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A SEP IRA is a retirement account for self-employed professionals and business owners. For 2008, you are eligible to contribute up to 25% of your adjusted gross income with a cap of $46,000. One of the great benefits of a SEP IRA is that the money goes in pre-tax, grows tax deferred and you are eligible to save much more than if you had a 401(k). It is important to note that the SEP IRA is just an account, you still have to pick investments (particularly mutual funds) for it. If you are just getting started, a Target Date Retirement Mutual Fund is a great place to start. Just pick one based on the year you would like to retire.


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