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 5305a Sep 2006-2025

Sep Ira 2006-2025 Form

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How to set up a sep ira for self employed

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Instructions and help about 5305 sep form

I'm not against the SEP IRA. I just think there are a lot of other retirement plans that you should consider first before looking at the Sep IRA. And the reason that is, is because there was some changes specifically with the SECURE Act of 2019 that went into effect over the last several years. They made other retirement plans more attractive than the SEP IRA. The other reason I'm making this video is because I've seen a lot of other videos talking about the Sep IRA as the the plan for small business owners, independent contractors, 1099. So if you have a side hustle, 1099, you could put money into these plans. But they're leaving out the fact that these changes have made other plans way more attractive. So I'm going to go over some of those in this video and it's the reason I'm making this video. So in this video, we're going to talk about six reasons why you do not want to use the SEP Ira. So let's go ahead and g

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