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What are the tax Benefits for contractor pensions
 
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Tony Harris from Contractor Financials answers the question what are the tax benefits of Contractor Pensions. 
To what the full length video from this interview please visit http://ukcontracting.co.uk/contractor-pension Tony Harris can be reached at http://contractorfinancials.com Connect with Uk Contracting 
Twitter: https://twitter.com/gregdickson/ Facebook: https://www.facebook.com/UKContracting Linkedin: http://www.linkedin.com/groups/UK-Contracting-Freelancing-4708632
Views: 8080 Contractor Guides
Contractor Pensions
 
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http://www.tarpon-uk.com/ 0845 643 1580 Info@tarpon-uk.com Contractor Pensions What is a pension? A pension is a long-term investment to provide a source of regular income when you retire. Contributions are made into a pension fund while you are working which will then give you regular payments once you have retired based on the amount you have contributed. A pension is one of the most cost effective ways of saving for retirement as the government gives you tax relief on contributions made. For example, a basic rate taxpayer can contribute £78 to their pension scheme; this is then "topped up" by the tax man meaning you actually have £100 contributed to your fund. Less than half of people are currently saving enough for when they retire and nearly a quarter of people are not saving at all. When you retire, you'll still have bills to pay and will also want a regular income so that you can enjoy and make the most of your retirement years. Why do I need one? A lot of people may think that retirement is a long way off for them, and so put off setting up a pension fund. But people are living longer meaning your retirement years could equal a third of your life, so the earlier you begin making contributions to a pension fund the better. The State Pension gives a basic income when you retire, but it is wise to set up a private pension as well so that you can live the lifestyle you want. Types of pensions • The Basic State Pension How much you get will depend on how much you have paid in National Insurance Contributions during your working life. • The Additional State Pension Depending on your individual circumstances, you may be entitled to additional State Pension. • Occupational Pension This is an arrangement that an employer may make to provide its employees with a pension when they retire. These are also known as work or company pensions. Most employers who run these schemes make contributions to the pension on top of the employee's contribution. • Stakeholder Pension This is an individual pension. The money you contribute is invested and can be moved to wherever you are working. There are a number of government requirements -- low minimum investments, capped fees and flexibility. • Personal Pension This is an individual pension which is likely to have higher minimum investments and fees than a stakeholder pension, but there will often be greater investment choice and flexibility. • Self Invested Personal Pension A Self Invested Personal Pension (SIPP) can allow you to take a much more active role in the investment of your pension pot. You may be able to choose from a range of fund managers and you could invest directly in property. You should always seek financial advice before making any decisions about how to invest for your pension. Employee benefits, contractor expenses, employment status, contractor tax, employment benefits, employee payroll, ltd co set up, ,simply names, set up ltd co, contractor payroll, umbrella service, umbrella co, HMRC contractor, HMRC umbrella, HMRC employed, Salary sacrifice, freelance work, freelance payroll, contractor mortgage, contractor pension, Contracting, payroll, Umbrella Payroll, IR35, advice, compliant, compliance, PAYE, employee management company, dispensation, Saving money in contracting, Consultant Technologies, IR35 solutions, Benefits of being a contractor, Contractor payments, good net pay in contracting. umbrella company tarpon payroll tarponltd ltd paye advice salary pay tax employee benefits agency contractor contracting
Views: 2520 TarponLtd
Retirement Pension - Retirement Pensions Explained
 
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What are the retirement pensions – What is a retirement pension? http://www.RetireSharp.com 1-800-566-1002. What are the best type of retirement pensions for retirement and learn how you can avoid the most common mistakes that individuals have made when looking to purchase a retirement pension. Retirement Pension Plans According to the 2nd edition of the Encyclopedia of Business, "the term pension plan is now used to describe a variety of retirement programs that companies establish as a benefit for their employees-including 401(k), profit-sharing, simplified employee pension (SEP) and Keogh plans. In the past, however, pension plans were differentiated from other types of retirement plans in that employers were committed to providing a certain monetary level of benefits to employees upon retirement." In the United States, a retirement scheme such as an employee pension plan is sponsored by a company for their employees with varying levels of employer-employee percentage contribution. As an employee, you have some say and rights as to the type of pension plans you and your employer will invest in. Every detail of your arrangement is guided by the employer's policies and procedures. Basic retirement pension plans usually refer to a choice of annuities and life insurance policies which can be whole life or universal life. Many insurance companies have come up with variations of these two basic types to inject some innovative features to edge out their competitors such as affordable premiums, disability, pre-termination, early withdrawals and cash loans provisions. Some people have independent pension plans such as Keogh plans for small business owners and independent contractors. Even employees are still getting supplemental personal pension plans as a backup for their retirement savings. A personal pension plan for retirement usually involves investing in one or more types of life insurance or annuities. The amount you pay is invested and earns dividends or interest. You should be aware of the tax benefits you get under this program. Your investment will continue to grow and compound and whatever is the agreed terms and conditions are stipulated in the policy or investment document issued to you. They have also the traditional retirement pension plan with their ICICI Pru Immediate Annuity which is a plan that gives lifetime income. It enables you to begin receiving your income annuity after payment of premium. You can avail of this plan at the minimum age of 45 and the maximum age of 80. You can choose a one-time lump sum policy with 5 payout options and modes. The annuity amount will be based on the applicable rate at time of purchase which is guaranteed for life. Whether you are employed or self employed, there are a variety of retirement pension plans available to you. The earlier you plan the type of retirement service plan to sustain your lifestyle in your golden years, the better for you and your loved ones. When you start contributions at an early age, you can rest assured that if you handle your retirement investment well, it will grow and be sufficient when your reach retirement age. With the rise in inflation, longer lifespan, bigger health maintenance budget and the desire for financial independence, you will need to calculate exactly and accurately how much you will need to live joyfully and comfortably! Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: Retirement pension annuities Retirement pensions for income Retirement pension explained Retirement pension reviews Retirement pensions review What is the best fixed indexed retirement pension vs the top immediate income retirement pension annuity https://www.youtube.com/watch?v=HxVVEGXViNM
Views: 4428 retiresharp
The Loan Program
 
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Views: 1266 The Contractors Plan
Solo 401k Retirement Plans for Sole Proprietors and Contractors
 
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Safeguard Financial - http://www.IRA123.com/solo-401k/ - A Solo 401k plan is tailor-made for sole proprietors and independent contractors such as consultants and real estate agents. This type of plan possesses the ability to invest in almost anything and is the most tax-advantageous, self employed plan available with very high annual contribution limits. You can set up this plan even if you're employed at a full-time job. Talk to a Self Directed IRA Advisor at Safeguard Financial or visit www.IRA123.com
Views: 4363 ira123safeguard
Retirement Planning For The Self-Employed !
 
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Recent studies show that most self-employed Americans are saving little, if anything, for retirement. Why? Excuses include a lack of steady income, paying off major debt, healthcare, education, and business expenses. But when the future depends on you, making an investment in yourself is worth it. The retirement saving options most preferred by self-employed workers are solo 401(k)s, SEP IRAs and SIMPLE IRAs. The solo or individual 401(k) is like a traditional 401(k), but it’s for sole business proprietors with no employees other than a spouse who works for the business. It permits contributions as both the employee and employer, which means higher limits than many savings plans. In 2014, the employer could save $17,500; or $23,000 if over 50 years old, plus an additional 25% of net income up to a maximum of $52,000; or $57,500 if over 50. A simplified employee pension, or SEP IRA, suits individuals and businesses with employees. A SEP IRA can be opened at just about any bank or brokerage. The business owner can contribute up to 25% of each employee’s income, up to $52,000. When making a contribution, the owner must contribute for every employee. Since employees do not make contributions, the plan is most popular with one-person businesses. Savings incentive match plan for employees, or SIMPLE IRAs, are like SEP IRAs, but the employees can make contributions. The employer must contribute dollar-for-dollar up to 3% of each eligible employee’s contribution, and 2% for those who don’t contribute. In 2014, contribution limits of $12,000 -- $14,500 if over 50 -- and the matching requirement made SIMPLEs best for those with no employees and incomes of less than $45,000. Read more: Retirement Planning For The Self-Employed - Video | Investopedia http://www.investopedia.com/video/play/retirement-planning-selfemployed/#ixzz3tNDhtOTG Follow us: Investopedia on Facebook
Views: 5916 Investopedia
What is the best strategy for investing Contractor Pensions?
 
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Tony Harris from Contractor Financials tells us how some of his suggestions in best way to invest your contractor pensions 
To watch the full length video from this interview please visit http://ukcontracting.co.uk/contractor-pension Tony Harris can be reached at http://contractorfinancials.com Connect with Uk Contracting 
Twitter: https://twitter.com/gregdickson/ Facebook: https://www.facebook.com/UKContracting Linkedin: http://www.linkedin.com/groups/UK-Contracting-Freelancing-4708632
Views: 5592 Contractor Guides
Jesse Watters : CA Law Makers Threaten To Pull Pensions From Contractors If They Bid On Border Wall
 
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Companies BIDDING to construct the proposed massive border wall between the United States and Mexico might have a financial problem in California. Three of the state’s Democratic lawmakers are threatening to divest from firms who work on the wall — just a few days after early PLANS for the highly contested structure were revealed. “Californians build bridges not walls,” Assemblyman Phil Ting said in a statement to local media. “This is a wall of shame, and we don’t want any part of it. Immigrant stories are the history of America, and this is a nightmare.” Ting and two California assembly colleagues are sponsoring a bill that force two of the state’s pension funds to liquidate investments in any companies working on the project, according to the Mercury News. The funds, California Public Employee Retirement System and California State TEACHERS Retirement System, have a combined $500 billion worth of investments, according to the newspaper, making them two of the largest in the country. The law would also require the funds to report a list of the companies it invests in, according to the Mercury News.
Core Versus Flexible Staffing
 
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Another strategic decision involves how much recruiting will be done to fill staffing needs with core and flexible workers. Core workers are those employees that are foundational to the business; they typically work year-round, and the organization invests in their development. Many employers have determined that keeping a large core workforce is too costly and limits flexibility. The large number of employment regulations also constrains the employment relationship, making many employers reluctant to hire new full-time core employees. Flexible workers are hired as needed. Thinking of the supply chain, they are just-in-time workers who are employed for specific projects or periods of time. Flexible staffing involves workers who are not traditional employees. Alternative employment is becoming much more common in the United States as well as around the world. Over one-fifth of U.S. workers are considered part of the flexible workforce. Using flexible staffing arrangements allows an employer to avoid some of the costs of full-time benefits such as vacation pay, health care, and pension plans. Some firms employ independent contractors as workers who perform specific services on a contract basis. These workers must be truly independent as determined by regulations used by the U.S. Internal Revenue Service and the U.S. Department of Labor. Companies can mix and match the core workforce with temporary and contract workers as their business needs change.
Views: 22 Gregg Learning
How to get tax free benefits from my corporation?
 
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Do you own a small corporation in Canada? Do you know you can receive tax free benefits from it? In this video, learn about some of the types of tax benefits that you can get such as, a company car, medical expenses and individual pension plan. 0:29 – Company Car 1:11 – Medical Expenses 1:59 – Individual Pension Plan 2:55– Here's the tip! Visit our website for more information and tax-related advice: http://madanca.com Follow us on social media Twitter: https://twitter.com/Madan_CA Facebook: https://www.facebook.com/MadanCharteredAccountant/ Instagram: https://www.instagram.com/madanaccounting/ Google+: https://plus.google.com/108551869453511666601/posts Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
Views: 2714 Allan Madan
How does IR35 affect Contractor Pensions?
 
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Tony Harris from Contractor Financials tells us how IR35 affects your contractor pension 
To what the full length video from this interview please visit http://ukcontracting.co.uk/contractor-pension Tony Harris can be reached at http://contractorfinancials.com Connect with Uk Contracting 
Twitter: https://twitter.com/gregdickson/ Facebook: https://www.facebook.com/UKContracting Linkedin: http://www.linkedin.com/groups/UK-Contracting-Freelancing-4708632
Views: 9611 Contractor Guides
What is a Pension Plan?
 
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Understanding what your company pension plan offers can help you determine how to make the most of all your retirement savings options. Your employer may offer a company pension plan to help you save for retirement. There are two types of pension plans: Defined benefit plans, and Defined contribution plans. What’s the difference between defined benefit plans and defined contribution plans? A defined benefit plan: Guarantees how much pension you will receive when you retire. The amount is usually pre-determined based on a formula involving your years of service, your earnings and your age at retirement. You have no active involvement in the plan, as your company makes the decisions about investing the overall plan's funds. A defined contribution plan: Bases your pension on the value of the contributions and their investment returns in your account at the time you retire. Your company usually makes contributions based on a fixed percentage of your salary. Plus, many plans will allow you to make additional contributions that your company may match up to a specific amount. You have control over the investment strategy for the account based on your risk tolerance and investment goals. Why contribute to your company’s plan? There are several benefits to contributing to your company pension plan: First, if your company offers matching contributions, by putting in an amount equal to what you contribute, or a percentage of what you contribute, you're essentially getting free money you would otherwise not receive. Second, your contributions are tax-deductible, meaning you pay less income tax now. And the funds remain exempt from tax until they are withdrawn. Third, a company pension plan is also a great way to supplement other forms of retirement savings, such as the universal, public Canada Pension Plan, CPP, or Quebec Pension Plan, QPP, and other individual savings plans, such as RRSPs or TFSAs, Tax-Free Savings Accounts. Understanding what your company pension plan offers can help you determine how to make the most of all your retirement savings options. Find more tips and tools at sunlife.ca. Life's brighter under the sun. Learn more about worplace pensions and savings: https://www.sunlife.ca/ca/Investments/Workplace+pensions+and+savings?vgnLocale=en_CA
Beneco—Pension 401k Retirement
 
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Beneco is a nationwide leader in providing solutions for contractors throughout the US who perform projects that are subject to the Davis-Bacon Act, service contract, and/or state prevailing wage laws.
Views: 254 Ryan Amshoff
'Omnibus' spending bill leads to pension cut
 
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AARP is asking that you check your pension plan after the so-called "omnibus" spending bill was signed into law last week. That's because the $1.1 trillion plan that was passed to prevent another government shutdown could mean some big changes: Roughly 100,000 New Yorkers could see their monthly checks slashed by more than 65 percent. "There was no opportunity to debate this provision. There was no opportunity to have hearings or hear from those who were going to be affected," AARP New York spokesperson Erik Kriss. Kriss says the cuts would be made to multi-employer pensions. "That's for the employee who worked for more than one employer. So as you can imagine a lot of union workers wind up working for different contractors over the course of a year," Kriss said. "It's not the typical employee who works for the same company for many, many years." The plans affected are ones the Federal Department of Labor has already said are running out of money. AARP says these pensions could be cut by as much as two thirds. That means the average monthly pension of about $558 would be slashed down to less than $200 dollars and the average yearly retirement income of $22,500 would be cut down to just under $18,000. "That's over a 20 percent cut. And $22,500 is not a lot to live on these days in the first place. It's a very modest retirement income. To cut 20 percent off of that, people are going to be struggling," Kriss said. Kriss says what's done is done but he's concerned that the affects of this legislation could lead to a slippery slope. "Our concern is that now that there is a precedent for being able to go in and reduce benefits of earned guaranteed pensions with this group, who's to say it won't happen with another group?" Kriss said. The people affected by these cuts are not state workers and not union members who worked for the same company for years and years. The people who may need to be concerned are union members who had several employers in the private sector. If you think you may be affected officials suggest to check with your pension plan.
Views: 263 CBS6 Albany
My retirement plan
 
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My retirement Fantasy
Views: 3771 Trucker Brown
CA Lawmakers Threaten To Pull Pensions From Contractors If They Bid On Border Wall - Watters' World
 
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CA Lawmakers Threaten To Pull Pensions From Contractors If They Bid On Border Wall - Watters' World ==============================­=========­=­=== **Please Click Below to SUBSCRIBE for More "Mass Tea Party" Videos: http://goo.gl/Z5ShLs ==============================­=========­=­===
Free Solo 401k plan for self employed or 1099 contractors
 
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visit http://sanjivcpa.com to learn more about 401k plan and tax deductions. In this video, we cover how you can open up a FREE 401k plan and how you save up for your retirement while reducing taxes for this year.
Views: 5194 Sanjiv Gupta
Self Employed Retirement Plans - Best Self Employed Retirement Plans
 
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What are self employed retirement plans – What is a self employed retirement plan? 1-800-566-1002 http://www.RetireSharp.com. What are the best types of self employed retirement plans and learn how you can avoid the most common mistakes that individuals have made when looking to set up a self employed retirement plan. Benefits You Can Avail From Self Employed Retirement Plans Over the past few years, many companies all over the world have shed millions of jobs, affecting the economy. Others opted for self employment since the competition for landing a job has become tougher. In addition to that, self employed retirement plans has also started to become a trend for many individuals. One of the benefits of self employment is that you are your own boss and there are no subordinates to pull you down. You earn exactly what you worked for without the hassle of being under someone else. One of the most common self employed retirement plans include solo 401k plans. It is the newest among the most commonly used retirement funds. If you are under the age of 50, the contribution limit is $16,500 and $22,000 for those aged 50 or over. The tax benefits are better compared to SEP because the contributions that you will make are not restricted to a certain percentage of your pay. Another great deal with 401(k) plans is that you can contribute 20% of your earnings as an additional contribution. Another option for retirement funds is the simple IRA retirement plan. IRA stands for individual retirement account. $5,000 is the maximum contribution for those aged under 50, and $6,000 for those aged 50 and over. It is best that neither you nor your spouse (if you have one) is covered by another retirement fund such as 401(k) to avoid limitations in tax deductions and other conflicting issues. SEP IRA plans or simplified employee pension IRA is an upgraded version of the simple IRA, where you can contribute from 20 percent of your net earnings up to a maximum of $49,000. Nowadays, the SEP IRA is the most common type of retirement plan being used by self employed individuals. This type of plan does not require a mandatory contribution. For one year, you may choose to contribute the full amount or half or any desired amount for the succeeding year. One of the benefits of using the SEP IRA is that it is very easy to create an account and maintain it. The deadline for funding your account is the same as the deadline for filing your income tax returns which makes it convenient for all users. A disadvantage for this though is that loans are not permitted. With the Roth IRA retirement plan, there is no income tax deduction and the growth of your investment is tax free. It is the exact opposite of a traditional IRA plan where contributions have an income tax deduction and the money you take out in retirement is taxed. Other self employed retirement plans that are more expensive and difficult to maintain include the Defined benefit plan. The annual funding requirements are very rigid even though loans are permitted in this type of retirement fund. The annual contributions for this type of account can reach up to $100,000 or more, depending on the age and the average income of the owner. For more information about the various retirement plans for self employed individuals, there are many websites that let you use free retirement planning tools to get you started. Feel free to subscribe to our YouTube channel and receive instant access on different retirement related topics. Thanks for watching! Related Search terms: self employed retirement plans annuities Self employed retirement plans for income Self employed retirement plans explained Self employed retirement plan reviews Self employed retirement plans review What is the best fixed indexed annuity for self employed retirement plans vs the best tax free income self employed retirement plan https://www.youtube.com/watch?v=URjGZoGKSwY
Views: 4558 retiresharp
Mitigating the Risk of Underfunded Pension Plan Withdrawal Liability
 
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Douglas A. Darch, a partner of Baker & McKenzie LLP's Labor & Employment Practice, discusses the withdrawal liability embedded in multi-employer pension plans, the threat withdrawal liability poses to financial well-being, and the steps you can take to mitigate risk.
Views: 205 ISBAlawyer
Top Rules Freelancers Funding Their Retirement Accounts
 
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Corporate America is still in hiring mode, as evidenced by the strong June Jobs number. Nevertheless, the secular shift to a 'gig' or freelance economy remains intact with more people than ever working for themselves as Uber drivers or Airbnb owners. And all those independent contractors better not forget to fund their retirement accounts, said Ed Slott, founder of Ed Slott and Company. 'You're on your own so it's up to you to start saving for your retirement,' said Slott. 'No one is else is doing that for you.' The U.S. nonfarm payrolls report showed that 287,000 jobs were added in June, well above economists' expectations of 175,000. Roth said freelancers should start with a simple Roth IRA with a $5,500 annual contribution. Those age 50 or over can add the catch-up contribution or $1,000, for a total of $6,500. Married freelancers can add a spousal Roth IRA contribution as well. Slott recommended self-employed people 'contribute off the top' before the money is spent. In his view, the best move is to put retirement savings on auto-pilot with automatic withdrawals as part of a budget. 'You have to be disciplined. Every time you get a paycheck, you need to take a slice off immediately and put it away for retirement,' said Slott. And the bigger the paycheck, the bigger the contribution. Slott said once the small business gains traction, the owner can contribute more with a SEP IRA or Solo-401(k) to the tune of $53,000, or $59,000, if age 50 or over. Those working full or part time in addition to their freelance gig can also make a SEP IRA contribution in addition to their 401(k) and a Roth IRA contribution too. And don't forget to get the company match from your employer, said Slott. 'If you can do more than the simple Roth, you can set up a SEP or even a solo 401(k) where you can put lots more money if you are making more,' said Slott. Finally, Slott said it is of the utmost importance for solo-practitioners to keep careful track of income and expenses. They need to report wages and self-employment income to qualify for making retirement plan contributions and for Social Security credit. 'You are the HR department. You are the payroll department. You are everything so you have to keep good records,' said Slott. Subscribe to TheStreetTV on YouTube: http://t.st/TheStreetTV For more content from TheStreet visit: http://thestreet.com Check out all our videos: http://youtube.com/user/TheStreetTV Follow TheStreet on Twitter: http://twitter.com/thestreet Like TheStreet on Facebook: http://facebook.com/TheStreet Follow TheStreet on LinkedIn: http://linkedin.com/company/theStreet Follow TheStreet on Google+: http://plus.google.com/+TheStreet
5 Investigates exposes insider deal boosting official’s pay, pension
 
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The insider deal was quietly handed to a connected official which gave him a big pay hike and an even bigger boost to his pension. Subscribe to WCVB on YouTube for more: http://bit.ly/2526UpS Get more Boston news: http://www.wcvb.com Like us: https://www.facebook.com/wcvb5 Follow us: https://twitter.com/WCVB Google+: https://plus.google.com/+wcvb
Views: 11933 WCVB Channel 5 Boston
Best Retirement Plans for Small Business Owners (GoodFinancialCents.com)
 
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http://www.goodfinancialcents.com/best-retirement-plan-for-small-businesses/ Are you a business owner that is finally starting to see some profits? You have been slugging away for several years and now you are finally in the black and you want to start thinking about retirement. You know that you need to save, but as a business owner you have a plethora of different retirement plan options that as an individual you didn't. If you are confused and bewildered and not sure what direction to go, I completely understand. I was in the exact same situation as you. I was a W2 employee, and then when I became a small business owner I now had many different options that I could choose from and initially it was overwhelming. It was easier doing it for the client, but now that I was actually on the business owner's side of things, the 1099 independent contractor side of things, I now wanted to make sure that I was doing the best retirement plan for me. If you are looking to see what retirement plan is best for you, here are a few options to consider: 1. A traditional or Roth IRA. Now I am sure you are probably wondering, "Well Jeff, I could do that when I was an individual. What is the benefit for me doing it as a business owner?" Well here's the thing; the beauty of doing a traditional or Roth IRA, if you are not putting money in those plans at all, and maybe you are profitable but you are not as profitable as you would like to be, under the age of 50 and under you can still put in $5,000 on either the traditional or Roth IRA. At least that is a good starting point. Now, if you can put in more than that 5,000 then we'll start looking at the other options coming up. 2. A simple IRA. The name is a little bit misleading because to me it is not quite that simple. Here is the general gist: You're able to put in up to $11,500 per year into the simple IRA. Over the age of 50 is allowed a $2,500 catch up. But if you have employees, here is where it gets a little bit trickier. To make it simple, just know that you're going to have to put in about 3% of your employees' wages as an employer contribution. That is how much, as a business owner, you're going to be out for each employee. There are certain rules that say you can dip below that 3% over a 2-out-of-the-5-year period, but I don't want to muddy the waters too much. Just know that for the most part you're going to have to put in about 3% of your employees' salary to be able to contribute the 3% for yourself as well. Now that might sound a little bit confusing and it kind of is, but if you go to the blog and do a Google search for "simple IRA rules", you'll find out more about the simple IRA and see if that applies to you.
Views: 5697 Jeff Rose
Benefits of Contracting
 
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NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/ 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue & Customs-approved); they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Tags Benefits Of Contracting Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator
Views: 810 TarponLtd
Toronto Mortgage Professional reveals 3 ways to supplement your pension plan
 
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Ok, today we are going to talk about your retirement plan and how to make sure you have enough in savings to retire the way you want. Even if your employer offers a pension plan, it may not provide all the retirement income you’re hoping for. But there are ways to supplement a less-than-adequate pension. Here are 3 ways to supplement your pension plan. If you're looking for a top-notch mortgage professional in Oakville, call us at 866-492-4024 ext. 4 or visit www.thinkmortgage.ca.
How to Use a QRP for Investing in Real Estate
 
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Tactics & Tips on using a QRP (Qualified Retirement Plan) for investing in real estate. * Ready To Take Your Business To The Next Level While Protecting Your Assets From Frivolous Lawsuits? ~*~ Get Your FREE 30 min Consultation & Wealth Planning Blueprint NOW https://AndersonAdvisors.com/register-now-a Check out https://AndersonAdvisors.com for financial strategies and details on upcoming workshops. 800.706.4741 ccoons@AndersonAdvisors.com https://AndersonAdvisors.com Twitter: @Clint_Coons Blog: https://ClintCoons.wordpress.com The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
Contractors Making Bank Kenneling Migrant Kids
 
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Read the full story here: https://tytnetwork.com/2018/05/28/trump-administration-using-contractors-accused-of-abuse-to-detain-undocumented-children/ TYT’s own Alex Kotch broke this story at TYT Investigates. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. To get even more TYT in your life, go to https://TYT.com/app and download our free app! "The U.S. government has paid at least four private companies that have been accused of physical or sexual abuse, or discrimination, to help transport or house undocumented children from Central and South America, federal contracts show. One case was fatal. Recent policy changes and statements by the administration have brought the government’s handling of these children into sharp focus. On Saturday, President Trump erroneously tweeted, “Put pressure on the Democrats to end the horrible law that separates children from there [sic] parents once they cross the Border.” It was not immediately clear to which law President Trump was referring, but on May 7, Attorney General Jeff Sessions announced a new prosecution policy that could lead to the separation of virtually all undocumented families arriving with children. “If you cross the border unlawfully, even a first offense, we’re going to prosecute you,” Sessions said. “If you’re smuggling a child, we’re going to prosecute you, and that child will be separated from you, probably, as required by law.””* Hosts: Cenk Uygur, Ana Kasparian Cast: Cenk Uygur, Ana Kasparian *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://www.tytnetwork.com/live Subscribe to The Young Turks on YouTube: http://www.youtube.com/subscription_center?add_user=theyoungturks Like The Young Turks on Facebook: http://facebook.com/theyoungturks Follow The Young Turks on Twitter: http://twitter.com/theyoungturks Buy TYT Merch: http://www.shoptyt.com Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth. Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
Views: 28300 The Young Turks
7 Questions to Ask When Considering Offering a 401(k) Plan to Employees
 
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For more information about 401(k) Retirement and Administration, visit: http://www.paychex.com/401k Are you looking to add a 401(k) retirement plan to your company's list of employee benefits? Whether you are looking to add a 401(k) plan for recruiting and retention purposes, or to set aside money for your own retirement, you will need to consider the seven questions outlined in this video: 1. Do you plan to tackle this challenge yourself or outsource 401(k) administration to the experts? 2. Do you wish to deal with a payroll processor, a 401(k) recordkeeper, and a 3rd party administrator separately, or use a single service provider? 3. Do you want a flexible, scalable retirement plan that can grow to meet the changing needs of your business? 4. Do you want to be able to maximize plan contributions for yourself and/or highly compensated employees? 5. Do you want online aids to 401(k) enrollment participation, communication, and management? 6. Do you want your financial advisor involved when you set up your retirement plan? 7. Do you know who the largest 401(k) provider in the U.S. is? This video will walk you through each of these questions and explain why this small business owner chose Paychex as his 401(k) provider. Over half a million businesses in the U.S. trust Paychex for their payroll, human resources, and employee benefit needs.
Views: 3454 Paychex
Retirement Plans For The Self Employed
 
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Self-employed individuals have several retirement plan options including a SEP or( Self Employed Pensions) IRA, 401k, IRA, or Roth IRA. Talk with your tax advisor to determine which option is best for you.
Views: 20 RobertHallTaxes
Free & Fast-Growing General Contractor Directory?
 
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http://www.Contractor-Center.com is a FREE General Contractor Directory for American Contractors. www.Contractor-Center.ca is the version for local contractors in Canada.
Views: 256 contractorcenter
GCA Today April 1 2016
 
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This week's GCA Today features Candy Okuhama of ASC Trust, who talks about retirement plans for GCA members with James Martinez, president of the Guam Contractors Association. To start a retirement plan, contact Candy at 988-8911 or candy.okuhama@asctrust.com. If you enjoyed this week's GCA Today and want more, follow us on Facebook at https://www.facebook.com/GuamContractors
Views: 5 GuamContractors
Government Contractors - Join the Nation's First Federal Technology Accelerator!
 
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Public Private Innovations (PPI) is the nation's first federal technology accelerator. The goal of PPI is to drive public value through private growth. We are a transformative program focused on growing highly competitive federal contractors and technology suppliers that maximize public value for federal government and citizens with minimum taxpayer resources. US Federal, state and local government contractors please visit us at Publicprivateinnovations.com and click on "Federal Contractors" section for more information on how to be a part of this unique and exclusive program. Targeted Focus: Agency for International Development, Department of Agriculture, Department of Defense, Department of Education, Department of Homeland Security, Department of Housing & Urban Development, Department of Labor, Department of State, Department of State, Department of the Navy, Department of the Air Force, Department of the Army, Department of the Interior, Department of Transportation, Department of Veterans Affairs, Environmental Protection Agency, Executive Office of the President, General Services Administration, National Aeronautics & Space Administration, National Archives and Records Administration, Nuclear Regulatory Commission, Office of Personnel Management, Office of the Director of National Intelligence, Social Security Administration, Advisory Council on Historic Preservation, African Development Foundation, Alaska Natural Gas Transportation Projects, American Battle Monuments Commission, Appalachian Regional Commission, Architect of the Capitol,Armed Forces Retirement Home, Barry Goldwater Scholarship Foundation, Bureau of Economic Analysis, Chemical Safety Board, Christopher Columbus Foundation, Committee for Purchase From People Who Are Blind or Severely Disabled, Commodity Futures Trading Commission, Congressional Budget Office, Consumer Product Safety Commission, Corporation for National & Community Service, Court Services and Offender Supervision Agency, Defense Nuclear Facilities Safety Board, Delta Regional Authority, Export-Import Bank of the US, Farm Credit Administration, Federal Communications Commission, Federal Deposit Insurance Corporation, Federal Elections Commission, Federal Energy Regulatory Commission, Federal Housing Finance Agency, Federal Judicial Center, Federal Labor Relations Authority, Federal Maritime Commission, Federal Mediation and Conciliation Service, Federal Mine Safety and Health Review Commission, Federal Reserve Board, Federal Trade Commission, Government Printing Office, Harry S. Truman Scholarship Foundation, Institute of Museum and Library Services, International Boundary and Water Commission, International Broadcasting Bureau, James Madison Memorial Fellowship Foundation, Japan-US Friendship Commission, John F. Kennedy Center for Performing Arts, Legal Services Corporation, Library of Congress, Medicaid and CHIP Payment and Access Commission (MACPAC), Merit Systems Protection Board, Millennium Challenge Corporation, Morris K. Udall Foundation, National Assessment Governing Board, National Capital Planning Commission, National Commission on Libraries & Info. Science, National Credit Union Administration, National Credit Union Administration, National Endowment for the Arts, National Endowment for the Humanities, National Gallery of Art, National Indian Gaming Commission, National Labor Relations Board, National Mediation Board, National Nuclear Security Administration, National Oceanic and Atmospheric Administration, National Transportation Safety Board, Neighborhood Reinvestment Corporation, Nuclear Waste Technical Review Board, Occupational Safety & Health Review Commission, Office of Government Ethics, Office of Navajo & Hopi Indian Relocation, Office of the U.S. Trade Representative, Overseas Private Investment Corporation, Overseas Private Investment Corporation, Pension Benefit Guaranty Corporation, Postal Regulatory Commission, Presidio Trust, Recovery Accountability and Transparency Board, Securities and Exchange Commission, Smithsonian Institution, Tennessee Valley Authority, Terrorist Screening Center, US Access Board, US Army Corps of Engineers, US Capitol Police, US Commission on Fine Arts, US Election Assistance Commission, US Equal Employment Opportunity Commission, US Holocaust Memorial Museum, US International Trade Commission, US Office of Special Counsel, US Patent and Trademark Office, US Peace Corps, US Postal Service Inspector General, US Railroad Retirement Board, US Tax Court, US Trade and Development Agency, Valles Caldera Trust and Vietnam Education Foundation.
Views: 344 LaunchDream
PPR 128: There is No One Size Fits All Retirement Plan
 
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Thanks to the death of private pensions, the devaluation of Social Security benefits and other undeniable retirement factors such as inflation and increased taxes, America is now in a retirement income crisis. Personal Pension Radio show is focused on helping you pack your bags for both halves of the retirement journey.  Kraig's mission is help you build & protect your wealth and lifestyle today and generationally. Optimizing Retirement income does not happen with a product.  Mutual funds, life insurance, real estate, or annuities by themselves will not help you optimize your retirement income. You must have an integrated approach. DISCLOSURE:  KRAIG IS THE INCOME ENGINEER BUT HE IS NOT AN ATTORNEY OR A CPA. PLEASE DO NOT CONSIDER THINGS ON THIS SHOW AS ADVICE. PLEASE TALK WITH A QUALIFIED CERTIFIED FINANCIAL PLANNER BEFORE MAKING ANY FINANCIAL DECISIONS. Keywords Financial Dependence, Financial Solvency, Financial Stability, Debt Freedom, Financial Security, Financial Independence, Financial Freedom, Financial Abundance, retirement, pension, income, protect, rescue, help, money, savings, Certified Financial Planner (Job Title), Income Tax, Money, Finance (Industry), wealth, tips, Personal Finance,  financial podcast, infinite banking, Self-Directed IRA, Retirement Planning Tips, Retirement Planning, Individual Retirement Account, Investing 101
Retirement Plan Insights  - Safe Harbor Forfeitures
 
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Are you making the right choices within your employer plan? Have you made the required amendments to your Adoption Agreement? Do you have questions? Find out where your company's retirement plan lands and call us for a 30 minute audit! Call me today at (785) 537-0366 or email Quinn Jacobs at Quinn@keatinginc.com to set up a meeting! We are here to answer your questions!
401(k) Safe Harbor Plans for Business Owners
 
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http://www.rewardexecs.com Tom Froehlich, founder of American Executive Benefits, covers the 5 pitfalls of 401(k) safe harbor plans for business owners.
Views: 1477 Tom Froehlich
Nigerian government to pay N2.7tn owed contractors, pensioners
 
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The Federal Executive Council (FEC) Wednesday, agreed to begin the process for the payment of N2.7 trillion owed contractors, pensioners and state governments by the federal government in the past two decades. Briefing journalists at the end of the weekly FEC meeting presided over by acting President Yemi Osinbajo in the State House, the Minister of Finance, Mrs. Kemi Adeosun, said the council approved a process for the validation and payment of liabilities inherited by the federal government since 1994. The minister gave the breakdown of the total verified N2.7 trillion liabilities to include: discounted N1.93 trillion owed contractors and suppliers as well as N740 billion outstanding pensions and promotional salary arrears reconciled by a committee set up by the Ministry of Finance on the order of the acting president in March. She said the arrears which had accumulated over the years would be paid through bonds and promissory notes issuance after a strict validation process, explaining that clearing the liabilities would go a long way in stimulating economic activities. “The FEC has today (yesterday) approved the Ministry of Finance’s proposed validation process and promissory note and debt issuance programme to resolve a number of inherited and long outstanding federal government obligations to contractors, state governments and employees. “This will be followed by a request to the National Assembly to approve the programme ahead of implementation. “In March 2017, the Economic Management Team, under his leadership Acting President Yemi Osinbajo, mandated the Minister of Finance to chair a committee that would establish a process to confirm the validity of inherited federal government obligations, and propose a mechanism to resolve them. “These obligations largely consist of dues owed to state governments, oil marketers, power generation and distribution companies, suppliers and contractors by federal government parastatals and agencies, payments due under the export expansion grant (EEG), outstanding judgment balances as well as pension and other benefits to federal government employees. Some of the obligations date back to as far as 1994. The resolution of this will significantly enhance liquidity in critical sectors of the economy. “Following an exhaustive process of reconciliation, the committee has been able to provisionally confirm a discounted total of N2.7 trillion of obligations, consisting of N740 billion of outstanding pensions and promotional salary arrears (not discounted) and N1.93 trillion (discounted) of other obligations including dues to federal government contractors and suppliers. These numbers are aligned with existing federal government estimates, and in some cases, are lower than previously estimated. “The supplier and contractor obligations will be resolved through a strict process of final validation, following which those confirmed will be settled through the issuance of liquid promissory notes (ten-year tenure) phased over a three-year period to minimise impact on liquidity and with preference given to those willing to offer the largest discounts. Obligations owed to individuals (for example pensions and employee benefits) will be resolved through the issuance of specific bond instruments, again phased over the next three years. “These obligations will then be incorporated into the Medium Term Expenditure Framework (MTEF) by the Ministry of Budget and National Planning,” Adeosun said.
Views: 419 Oak TV
Meet deadlines - Chandrababu to Rayalseema Project Contractors - TV9
 
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Meet deadlines - Chandrababu to Rayalseema Project Contractors ► Download Tv9 Android App: http://goo.gl/T1ZHNJ ► Subscribe to Tv9 Telugu Live: https://goo.gl/lAjMru ► Circle us on G+: https://plus.google.com/+tv9 ► Like us on Facebook: https://www.facebook.com/tv9telugu ► Follow us on Twitter: https://twitter.com/Tv9Telugu ► Pin us on Pinterest: https://www.pinterest.com/Tv9telugu
Views: 718 TV9 Telugu
government contractors win more projects and increase profits with bona fide benefits!
 
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Are you a contractor that works with State, Federal, or local government projects that require prevailing wage with Davis Bacon or Service Contract Act requirements? Learn how to better manage prevailing wages compliantly, that enable you to operate more cost efficiently to win more public construction bids and improve your profit margin.
Views: 332 swalsh1313
Introduction to Qualified Plans
 
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The establishment of a qualified retirement plan is the perfect vehicle to save tax-deferred for retirement. By listening to information about ERISA, the Pension Protection Act of 2006, and other topics related to qualified plans you will begin to understand that these plans will work for individuals who are in business for themselves as well as those with anywhere from two to hundreds of employees. With the responsibility of saving for retirement shifting from employer only funded to predominately employee funded plans, qualified retirement plans allow for higher tax-deferral and deductible limits in virtually all types of plans over those available in traditional IRA's. Qualified Retirement Plan design is what will determine how much can be deferred from a tax liability perspective. Entity type, such as C-corp, S-corp, LLC, and partnerships, how compensation is derived and a review of the demographics of employees are important factors in determining the type of plan to open. Contribution limits in defined contribution plans can exist up to $49,000 per year and in defined benefit plans, the limit is equal to the funding requirement based on the actuarial calculations which could be far more than $49,000. Individual contributions, commonly known as deferrals, are limited to $16,500 (under 50 years of age) in a combined environment for all plans available to that individual. Individual and small business owners are perfect prospects for qualified retirement plans. Historic biases towards the expense of establishing and maintaining these kinds of plans have been relinquished due to the vast amount of information that is available allowing for a true cost/benefit analysis in favor of the establishment and funding of these kinds of plans. Susan Hajek offers securities through Resource Horizons Group, L.L.C., Member FINRA/SIPC. 1350 Church Street Ext. NE, 3rd Floor, Marietta, GA 30060. Telephone 770-319-1970. Resource Horizons Group, L.L.C. and Brokers Alliance, Inc. are not affiliated.
Views: 2336 BrokersAlliance
5 Investigates: Pension windfall for former officer
 
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Somerville's mayor insists he has nothing to do with the pension deal his cousin is getting. Subscribe to WCVB on YouTube for more: http://bit.ly/2526UpS Get more Boston news: http://www.wcvb.com Like us: https://www.facebook.com/wcvb5 Follow us: https://twitter.com/WCVB Google+: https://plus.google.com/+wcvb
"The Pension Benefit Guaranty Corporation May Not Be Able to Pay All Benefits!"
 
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The Pension Benefit Guaranty Corporation's (PBGC) single- and multi-employer insurance programs insure the pension benefits of 44 million participants in more than 29,000 private defined benefit (DB) plans. GAO designated the single-employer program as a high risk area in July 2003 because of concern about the program's long-term net financial position. Other issues also contribute to the programs' being on the high-risk list: estimated underfunding of financially weak firms by about $161 billion — a figure that may worsen because of the financial crisis and recession; exposure of insurance programs to the threat of terminations of large underfunded plans sponsored by financially weak firms, particularly automobile industry plans; monitoring of changes in funding rules and premiums being phased in according to provisions in the Pension Protection Act of 2006 (PPA), and subsequent measures that have granted funding relief to DB sponsors; and governance and program management challenges.
Views: 249 cfini72
Project Labor Agreements: Not What We Need, Not What We Deserve
 
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Project labor agreements (PLA) are special interest schemes that discourage competition from nonunion contractors and their workers by requiring a construction project to be awarded only to contractors and subcontractors that agree to recognize unions as the representatives of employees on that job; use the union hall to obtain workers; obey the union's restrictive apprenticeship and work rules; and contribute to union pension plans and other funds in which their nonunion employees will never benefit unless they join a union. When a government entity requires a PLA on a construction project, they are essentially tilting the playing field in favor of contractors that agree to use organized labor. On government-funded or assisted projects, this means that the 86 percent of the construction workforce that chooses not to join a labor union cannot compete on an equal basis for projects funded by their own tax dollars. On government-funded or assisted projects, taxpayers deserve the best product for the best price. Numerous studies show that PLA mandates can increase construction costs by nearly 20 percent. With government deficits ballooning nationwide, government-mandated PLAs are a special interest handout that taxpayers simply can't afford. Learn more about wasteful and discriminatory PLAs at www.TheTruthAboutPLAs.com
Views: 6031 ConstructionandLabor
Rep. McCarthy Questions Witnesses on Multiemployer Pension Plans - 6.20.2012
 
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Rep. Carolyn McCarthy (D-NY) questions witnesses at a House Committee on Education and the Workforce Subcommittee on Health, Employment, Labor and Pensions hearing entitled "Assessing the Challenges Facing Multiemployer Pension Plans" on Wednesday, June 20, 2012. For more information, visit: http://democrats.edworkforce.house.gov/hearing/assessing-challenges-facing-multiemployer-pension-plans
Views: 120 EdLabor Democrats
Keoghs
 
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Keoghs A Keogh plan is used by sole proprietors who show their income and expenses on Schedule C of their 1040 tax return. Although Keoghs also can be set up by partnerships and Subchapter S corporations, I'll focus on sole proprietors here. One of the key benefits to having a Keogh plan is the ability to save lots of money on a tax-deferred basis. If you're self-employed and net $50,000 after expenses, you can only save $2,000 in a tax-deferred Individual Retirement Account. However if you establish a Keogh plan, you can save more like $10,000 depending on how you set up your Keogh. There are various types of Keoghs which have tradeoffs between the maximum amount you can save and the flexibility of the program. More savings potential means less flexibility. Check on your Keogh plan's health And what should you do if you work for a small business that provides you with retirement benefits through a Keogh plan? To ensure that the plan remains a qualified plan your employer must make certain disclosures to you regarding any retirement benefits you may be eligible for. You can check on the assets in the plan by looking at the summary annual report, which must be given to you each year. This form outlines the plan's assets and where the money is invested. If you want more details, ask to see the plan's IRS Form 5500. You might want to ensure that the plan administrator isn't using the plan as a private piggy bank. The IRS has strict rules designed to prevent plan administrators from using plan assets for their personal benefit. A classic example is having the plan loan money to the business when the business faces a cash crunch. IRS and Department of Labor audits help prevent these things from happening in large pension plans, and all plans with more than 100 employees must be audited by third parties. But it's impossible for the government to check on the hundreds of thousands of small plans out there. To a large extent, you have to do the checking yourself. You don't have to come across as an investigative reporter, but maybe you should ask your boss about the pension plan. Just by letting your boss know that you're keeping an eye on the plan you'll discourage her from thinking about misusing the funds. Copyright 1997 by David Luhman http://moneyhop.com/scripts/retirement-planning/090-keoghs
Views: 1016 MoneyHop.com
Solo 401k Setup Expense - Small Business Retirement Plan
 
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http://www.sensefinancial.com To set up a Solo 401k plan, many small business owners ask about the setup expenses. Who is responsible for the fees and is it tax-deductible? Sense Financial discusses Solo 401k setup expenses in this Solo 401k Quick Tip video. For more information please visit our website or give us a call at 949-228-9394. The establishment cost is the responsibility of the plan sponsor or the employer. In the case of a Solo401k, you are the employer in the business. Therefore, you are responsible for the Solo401k establishment cost. It should be paid for from your personal or business account. You cannot use your retirement funds to pay for the establishment cost. Typically this can be a deductible business expense. Check with your accountant to see if it can be claimed as a deduction for your business.
Views: 1683 SenseFinancial.com
The Americans with Charlie LeDuff: The death of the UAW
 
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MOR: http://bitly.com/1iiDlLg As you might of heard, the UAW went down to Chattanooga, Tenn. and took a bullet a few weeks ago when non-unionized workers at the Volkswagen plant told them to pack their carpet bags and head north. Now the question is: Why would a Southern man trust his future to a German company and not an American union? We deserve an explanation, since we not only bailed out the auto companies but also the pension fund of the UAW. In this edition of The Americans with Charlie LeDuff, the crew takes us on a journey that starts at the UAW headquarters in Detroit and takes us to plants in Tennessee and Alabama. LeDuff talks to workers at the Volkswagen plant: Matt Patterson, Executive Director, Center for Worker Freedom, an anti-union organization; workers at a Mercedes plant; a man who is unemployed and eats squirrel; and LeDuff wraps it up with an interesting conversation with Republican Senator Richard Shelby from Alabama. Play the video in the player to see the full report. Play the bonus Daily Minute to get more from the DC guy with a Manhattan cell phone and some food for thought from a man who feeds his family squirrel.
Ray Accountancy Limited - Accountants for Contractors UK
 
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The ones who are crazy enough to think they can change the world, are the ones that do. Anonymous Ray Accountants are a professional accounting practice with offices in Milton Keynes and London, servicing our client base all over UK. Ray Accountants provide services to small and medium businesses, contractors, locums and freelancers; self employed individuals, limited companies and partnerships, across a variety of industry sectors and trades. We are a member firm of Institute of Chartered Accountants in England & Wales (ICAEW) and the Association of Certified Chartered Accountants (ACCA). You could save tax by making contributions into your pension plan. Contacts us today Ray Accountants website: https://www.rayaccountatnts.co.uk Ray Accountants email: info@rayaccountants.co.uk Ray Accountants London phone: +44 (0)2079 932 792 Ray Accountants Milton Keynes phone: +44 (0)1908 385 409 Ray Accountants Facebook: https://www.facebook.com/rayaccountants Ray Accountants Twitter: http://www.twitter.com/rayaccountants Ray Accountants LinkedIn: https://www.linkedin.com/company/ray-accountants Ray Accountants Google+: https://plus.google.com/b/107644972370680318936/ Ray Accountants Google+: https://plus.google.com/b/111908080044985387756/ Ray Accountants Youtube: https://www.youtube.com/channel/UCE_GvaEaMQMNgxVB71g3T-A Ray Accountants DailyMotion: http://www.dailymotion.com/rayaccountants
Views: 5 Ray Accountants