Self-employed Retirement Plans Vicksburg 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.

Capital One
(318) 329-2768
500 East Askew Street
Tallulah, LA
Type
Branch
Services
Walk-Up ATM Branch Drive-Up Safe Deposit Box
Office Hours
Sun , Mon 9 AM - 5 PM, Tue 9 AM - 5 PM, Wed 9 AM - 5 PM, Thu 9 AM - 5 PM, Fri 9 AM - 5 PM,
Drive Up Hours
Sun , Mon 8:15 AM - 5 PM, Tue 8:15 AM - 5 PM, Wed 8:15 AM - 5 PM, Thu 8:15 AM - 5 PM, Fri 8:15 AM - 5 PM,

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®

Mr. Erskine W. Wells Jr., CFP®
(601) 957-7700
P. O. Box 2789
Ridgeland, MS
Firm
Erskine Wells

Data Provided by:
Mr. Gerald A. Smith Jr, CFP®
(662) 229-0919
1350 Sunset Dr Ste F
Grenada, MS
Firm
Barnes Pettey Financial Advisors LLC

Data Provided by:
Ms. Lauren Norman Fox, CFP®
PO Box 2954
Tupelo, MS
Firm
Ameriprise Financial

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.

Martin Mesecke
Self Worth Financial Planning LLC
(662) 452-0525
2206 Anderson Road
Oxford, MS
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Mrs. Elsbeth H. Welch, CFP®
(228) 385-1053
250 Beauvoir Rd Ste 1C
Biloxi, MS
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Estate Planning, Investment Management, Investment Planning, Retirement Planning, Risk Management

Data Provided by:
Ms. Kit L. Prestridge, CFP®
(601) 368-3500
4800 I 55 N Ste 21
Jackson, MS
Firm
Security Ballew Inc

Data Provided by:
Mr. Garron Marcus Penland (RFC®), LUTCF
(404) 966-5616
609 Silverstone Dr
Madison, MS
Company
Penland Financial Group
Qualifications
Education: Graduate Anderson CollegeAmerican CollegeCurrently working on my ARM designation
Years of Experience: 16
Membership
IARFC
Services
Invoice, Business Planning, Portfolio Management, Executive Compensation Planning, personal Coach, Retirement Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Healthcare Accounts, BuySell, LiabCover, Compensation Plans

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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