New Focus on Wealth with Chad Burton

I talk about protecting our southern border by building a big beautiful wall and a moat that has sharks with frickin laser beams attached to their heads. I also discuss running tax projections before

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Today I discuss a few self-employment situations and compare filing as a sole proprietor vs. an S-corp. I explain FICA taxes and when you should create an S-corp or LLC. A news article prompts me to remind people to protect themselves by using a custodian. Other topics include:

  • Approaching 4/30 deadline for filing and suspending social security benefits and funding IRA's.
  • Explanation of how tax inversion hurts our economy.
  • A warning on equity-indexed annuities and variable annuities with income guarantee riders.
  • Jumpstarting your children’s retirement with Roth IRA contributions over a 529 plan.

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    Email your money question to [email protected] , or call the show at 1-800-516-1220 from 2:00-3:00 p.m. (PDT)

     

    Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.

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    New Focus on Wealth with Chad BurtonBy Chad Burton
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