Self-employed Retirement Plans North Little Rock AR

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.

Mary McCraw
The Arkansas Financial Group, Inc.
(501) 376-9051
1001 N. University Avenue, Suite 200
Little Rock, AR
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, College/Education Planning, Newlyweds & Novice Investors, Retirement Planning & Distribution Rules, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®

Edward Mahaffy
ClientFirst Wealth Management, LLC
(501) 603-0406
1501 N. University, Suite 615
Little Rock, AR
Expertises
Ongoing Investment Management, High Net Worth Client Needs, Tax Planning, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, ChFc, MBA

Alvin Rogers
Financial Legacy Management Inc.
(501) 224-7256
10801 Executive Center Drive, Suite 205
Little Rock, AR
Expertises
Planning Issues for Business Owners, Middle Income Client Needs, Ongoing Investment Management, Advising Medical Professionals, Retirement Plan Investment Advice, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Mr. G. Stephen White, CFP®
(501) 975-2639
10 Parkstone Circle
North Little Rock, AR
Firm
Ameriprise Financial

Data Provided by:
Ms. Lisa J. Rabatin, CFP®
(501) 907-2285
11700 Cantrell Rd
Little Rock, AR
Firm
Delta Trust Investments
Areas of Specialization
Investment Management, Investment Planning, LGBT Individuals and Couples, Life Planning, Life Transitions, Long-Term Care, Planning for Couples
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided by:
Kristina Bolhouse
The Arkansas Financial Group, Inc.
(501) 376-9051
1001 N. University Avenue, Suite 200
Little Rock, AR
Expertises
Advising Medical Professionals, Estate & Generational Planning Issues, Women's Financial Planning Issues, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Cynthia Conger
Cynthia L. Conger, CPA, PA
(501) 374-1174
2300 Andover Court, Suite 560
Little Rock, AR
Expertises
Women's Financial Planning Issues, Helping Clients Identify & Achieve Goals, Financial Issues Between Generations, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA/PFS

Mr. Russell K. Kelso, CFP®
(501) 975-2639
10 Parkstone Circle
N. Little Rock, AR
Firm
Ameriprise Financial Services
Areas of Specialization
General Financial Planning, Investment Management, Retirement Income Management, Retirement Planning, Women's Finances
Key Considerations
Average Net Worth: $100,001 - $250,000

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

Profession: Not Applicable

Data Provided by:
Mr. Larry R. Root, CFP®
(501) 975-7999
22 Rahling Circle
Little Rock, AR
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Investment Management, Retirement Income Management, Small Business Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

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



Data Provided by:
Loren Marshall Ipsen, CFP®
2228 Cottondale Ln
Little Rock, AR
Firm
Ameriprise Financial Services, Inc.

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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