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Solo 401(k) + S-Corp The $70,000 Tax Strategy Every 1099 Worker Must Know
Are you a self-employed physician or high-income 1099 contractor looking to dramatically cut your tax bill and supercharge retirement savings?
In this essential episode, Dr. Abhishek Gadre reveals the advanced strategy of combining a Solo 401(k) with an S-Corporation to legally save tens of thousands in taxes every year.
Learn the exact blueprint used by Dr. Smith to cut their taxable income from $300,000 to just $236,000, all while hitting a $70,000 401(k) contribution target.
You Will Learn:
✅ The critical difference between Standard vs. Custom Solo 401(k)s.
✅ How to structure your S-Corp income (W-2 vs. K-1 split) for maximum tax efficiency.
✅ Two Advanced Strategies to hit the maximum legal 401(k) contribution.
✅ The Mega Backdoor Roth strategy for building tax-free wealth as a high earner.
✅ Key IRS forms and thresholds (e.g., the $250K plan limit) you must know.
Stop overpaying the IRS. Listen now to transform your tax game and build serious wealth.
#solo401k #doctorfinance #moneymattersmd #scorp #1099Doctor #taxsavings #retirementplanning #financialfreedom #wealthbuilding #physicianfinance
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By Abhishek Gadre, MD, FCCPAre you a self-employed physician or high-income 1099 contractor looking to dramatically cut your tax bill and supercharge retirement savings?
In this essential episode, Dr. Abhishek Gadre reveals the advanced strategy of combining a Solo 401(k) with an S-Corporation to legally save tens of thousands in taxes every year.
Learn the exact blueprint used by Dr. Smith to cut their taxable income from $300,000 to just $236,000, all while hitting a $70,000 401(k) contribution target.
You Will Learn:
✅ The critical difference between Standard vs. Custom Solo 401(k)s.
✅ How to structure your S-Corp income (W-2 vs. K-1 split) for maximum tax efficiency.
✅ Two Advanced Strategies to hit the maximum legal 401(k) contribution.
✅ The Mega Backdoor Roth strategy for building tax-free wealth as a high earner.
✅ Key IRS forms and thresholds (e.g., the $250K plan limit) you must know.
Stop overpaying the IRS. Listen now to transform your tax game and build serious wealth.
#solo401k #doctorfinance #moneymattersmd #scorp #1099Doctor #taxsavings #retirementplanning #financialfreedom #wealthbuilding #physicianfinance