Self-employed Retirement Plans Murrells Inlet SC

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.

Joe Taylor
Oak Street Advisors
(843) 946-9868
1335 44th Avenue N, Suite 203
Myrtle Beach, SC
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor

Mr. Michael D. Farish, CFP®
1410 Hwy 17 N
Surfside Beach, SC
Firm
BB&T Scott & Stringfellow

Data Provided by:
Mr. David Wyatt Sage, CFP®
(843) 232-8383
1015 16th Ave NW
Surfside Beach, SC
Firm
Sage & Bell, PA

Data Provided by:
Mr. Michal Kovac, CFP®
(843) 918-7607
2619 N Oak St Fl 3
Myrtle Beach, SC
Firm
Scott & Stringfellow
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Investment Management, Investment Planning, Life Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Frank Harrington Mcknight, CFP®
(843) 449-0580
5621 Pinckney Ave
Myrtle Beach, SC
Firm
F. Harry McKnight, CFP
Areas of Specialization
Asset Allocation, Banking, Comprehensive Financial Planning, Debt Management, Divorce Issues, Estate Planning, General Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Ms. Laura A. Mayer, CFP®
(843) 651-9515
5187 Horry Drive
Murrells Inlet, SC
Firm
Lawlor & Brady, LLC
Areas of Specialization
General Financial Planning, Retirement Planning, Tax Planning, Tax Preparation
Key Considerations
Average Net Worth: Not Applicable



Data Provided by:
Aubrey J. Gore (RFC®), CSA
(843) 650-4044
100 Sutter Drive, Ste. 301
Surfside Beach, SC
Company
Buddy Gore & Associates
Qualifications
Education: BS
Years of Experience: 37
Membership
IARFC
Services
Invoice, Estate Planning, Retirement Planning, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Education Plan, Asset Protection

Data Provided by:
Nadejda Kostova, CFP®
(843) 293-3463
4871 Socastee Blvd Unit C
Myrtle Beach, SC
Firm
Edward Jones
Areas of Specialization
Asset Allocation, Budget Development, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues

Data Provided by:
April Gloyd Messimer, CFP®
(843) 946-2027
2024 Corporate Centre Dr Ste 301
Myrtle Beach, SC
Firm
Merrill Lynch Capital Services Inc
Areas of Specialization
Asset Allocation, Banking, Budget Development, Charitable Giving, Comprehensive Financial Planning, Debt Management, Divorce Issues
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. David Cameron Monckton, CFP®
(800) 948-2706
1300 Professional Dr Ste 202
Myrtle Beach, SC
Firm
Carolinas Wealth Management
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: Not Applicable

Profession: Not Applicable

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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