Self-employed Retirement Plans Burley ID

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. Timothy F. Preston, CFP®
(208) 678-0420
1526 Overland Ave
Burley, ID
Firm
Financial Strategies

Data Provided by:
Wells Fargo - Burley
(208) 678-1192
130 E Main St
Burley, ID
Type
Branch
Office Hours
Mon-Fri 09:30 AM-05:00 PM
Sat-Sun Closed

Wells Fargo - Rupert
(208) 436-4737
602 E St
Rupert, ID
Type
Branch
Office Hours
Mon-Fri 09:30 AM-05:00 PM
Sat 09:00 AM-01:00 PM
Sun Closed

Carey McNeal
Buffington Mohr McNeal
(208) 338-5551
802 West Bannock Street, Suite 100
Boise, ID
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Estate & Generational Planning Issues, Planning Concerns for Corporate Executives, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor

Michael Ling
Berkeley Inc.
(208) 853-6980
3778 Plantation River Drive, Suite 102
Boise, ID
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Planning Concerns for Corporate Executives, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Wells Fargo - Smith'S Mini-Cassia
(208) 678-8730
937 E Main St
Burley, ID
Type
In-Store Branch
Office Hours
Mon-Fri 09:00 AM-07:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

US Bank - Burley Office
(208) 678-3591
112 E Main St
Burley, ID
Languages
Spanish
Drive Up Hours
Mon 09:30 am to 05:00 pm
Tue 09:30 am to 05:00 pm
Wed 09:30 am to 05:00 pm
Thur 09:30 am to 05:00 pm
Fri 09:30 am to 05:00 pm

US Bank - Rupert Office
(208) 436-3141
612 5th St
Rupert, ID
Languages
Spanish
Drive Up Hours
Mon 10:00 am to 04:00 pm
Tue 10:00 am to 04:00 pm
Wed 10:00 am to 04:00 pm
Thur 10:00 am to 04:00 pm
Fri 10:00 am to 04:00 pm

Joseph Call
Spinnaker Financial Advisors, LLC
(208) 542-0742
2962 Cortez Avenue
Idaho Falls, ID
Expertises
Helping Clients Identify & Achieve Goals, Planning Concerns for Corporate Executives, Ongoing Investment Management, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Eric Rabbanian
Rabbanian Financial Planning, Inc.
(208) 495-3249
1818 E Spring Meadow Lane
Boise, ID
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Cash Flow/Budgets/Credit Issues, Planning Issues for Business Owners, Socially Responsible Investments, Divorce Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, JD, MBA

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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