New Focus on Wealth with Chad Burton

Thinking about starting your own business? There are a lot of things you need to plan for in order to break even on taxes and benefits as a self-employed.


Listen Later

Being able to tell people you own a corporation feels empowering. Before you jump ship and quit your job make a list of the added responsibilities and increased costs of being your own boss. Items to include are health insurance benefits, 401k match, FICA tax match and disability benefits. Today I tackle self-employment issues, maximizing your retirement savings and how to minimize the dreaded self-employment tax. Other topics:

  • Looking at how the stock market preformed last month
  • Should you form an LLC or S-Corp?
  • Individual 401k, Solo 401k, Defined Benefit Plan, Mega Roth 401k
  • Are stimulus checks taxable?
  • Managing your cortisol and inflammation levels may be the key to better sleep

 

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

 

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

...more
View all episodesView all episodes
Download on the App Store

New Focus on Wealth with Chad BurtonBy Chad Burton

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

68 ratings


More shows like New Focus on Wealth with Chad Burton

View all
Investing Insights by Morningstar

Investing Insights

521 Listeners

Rob Black Show by Rob Black

Rob Black Show

151 Listeners

Allworth Financial‘s Money Matters by Allworth Financial

Allworth Financial‘s Money Matters

844 Listeners

Sound Retirement Radio by Jason Parker

Sound Retirement Radio

442 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

803 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,302 Listeners

Rob Black Show by Rob Black & Your Money

Rob Black Show

44 Listeners

Zacks Market Edge by Zacks Investment Research

Zacks Market Edge

295 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

677 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

626 Listeners

The Long View by Morningstar

The Long View

918 Listeners

Sound Investing by Paul Merriman

Sound Investing

343 Listeners

The Long Term Investor by Peter Lazaroff

The Long Term Investor

147 Listeners

Retirement Planning Education, with Andy Panko by Andy Panko

Retirement Planning Education, with Andy Panko

947 Listeners

New Focus on Wealth with Chad Burton by New Focus on Wealth

New Focus on Wealth with Chad Burton

4 Listeners