Self-employed Retirement Plans Gladstone MO

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.

Rosemary Danielson
Balanced Financial Planning, Inc.
(913) 677-1090
6701 West 64th Street, Suite 100
Overland Park, KS
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Middle Income Client Needs, Investment Advice without Ongoing Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Dean Cherpitel
Legacy Wealth Planning, LLC
(913) 648-4668
5750 W. 95th Street, Suite 128
Overland Park, KS
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BA, ChFc

Ms. Janice A. Greer, CFP®
(816) 468-9339
106 NE 72nd St Ste C
Gladstone, MO
Firm
Ameriprise Financial Services
Areas of Specialization
Asset Allocation, Budget Development, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Women's Finances
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Service Professionals

Data Provided by:
Mr. Robert G. Wilson, CFP®
(816) 453-5577
226 E US Highway 69
Kansas City, MO

Data Provided by:
Michelle Jarvis, CFP®
(816) 454-6116
4401 NE Vivion Rd Ste 202
Kansas City, MO
Firm
Edward Jones Investments
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Employee and Employer Plan Benefits

Data Provided by:
Sandi Weaver
Financial Security Advisors, Inc.
(913) 385-5523
8340 Mission Road, Suite 113
Prairie Village, KS
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, Middle Income Client Needs, Planning Issues for Business Owners, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, CPA

Mr. John T. Christy, CFP®
(816) 436-9939
5440 N Oak Trfy Ste 250
Kansas City, MO
Firm
Premier Financial Partners
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Service Professionals

Data Provided by:
Mr. H. Arvid Hansen, CFP®
(816) 436-9939
5440 N. Oak Trafficway
Kansas City, MO
Firm
Premier Financial Partners
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Elder Care, Estate Planning, Investment Management

Data Provided by:
Mr. Phillip K. Fine, CFP®
(816) 452-4000
3000 NE Brooktree Ln
Gladstone, MO
Firm
Waddell & Reed, Inc
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Mark S. Horstmann, CFP®
(816) 891-6699
1251 NW Briarcliff Pkwy
N. Kansas City, MO
Firm
Weatherby Financial Services, LC

Data Provided by:
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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