Self-employed Retirement Plans Jackson MS

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.

Tiffany Ballard
Bergland Wealth Management, Inc.
(601) 956-5181
PO Box 1318
Ridgeland, MS
Expertises
Cash Flow/Budgets/Credit Issues, Advising Medical Professionals, Ongoing Investment Management, Retirement Planning & Distribution Rules, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®

Mrs. Erica S Stutzman, CFP®
(601) 914-2116
15 River Bend Pl Ste A
Jackson, MS
Firm
Northwestern Mutual

Data Provided by:
Mr. Carl R Easley Jr., CFP®
(601) 992-4101
420 Liberty Park Ct Ste A
Flowood, MS
Firm
Easley Investment Consultants
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Robert L. Hughes Jr., CFP®
(601) 977-4209
PO Box 1972
Jackson, MS
Firm
Southern Farm Bureau Life
Areas of Specialization
Business Succession Planning, Estate Planning, Insurance Planning, Long-Term Care, Retirement Planning

Data Provided by:
Mr. Danny R. Matthews, CFP®
(601) 856-3825
579 Lakeland East Dr Ste A
Flowood, MS
Firm
Financial Strategies Group Inc
Areas of Specialization
Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
John Bergland, Jr.
Bergland Wealth Management, Inc.
(601) 956-5181
PO Box 1318
Ridgeland, MS
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Estate & Generational Planning Issues, Advising Medical Professionals, Ongoing Investment Management, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®, M.Div.

Dennis K White, CFP®
(601) 960-5070
2506 Lakeland Dr Ste 608
Flowood, MS
Firm
Strategic Wealth Management Group, LLC
Areas of Specialization
Investment Management
Key Considerations
Average Net Worth: $250,001 - $500,000



Data Provided by:
Mr. Blake T. Headley, CFP®
(601) 720-4357
132 Riverview Dr Ste D
Flowood, MS
Firm
BlackSummit Financial Group, Inc

Data Provided by:
Mr. Sammy T. Dean, CFP®
(601) 856-3825
579 Lakeland East Dr
Flowood, MS
Firm
Financial Strategies Group Inc

Data Provided by:
Mr. Christopher J Register, CFP®
(601) 206-0008
1501 Lakeland Drive
Jackson, MS
Firm
McDaniel & Register

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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