Show cover of 401k

401k

The 401k Podcast explains everything business owners need to know to set up their company's 401k retirement savings plans, run their 401k plan efficiently, and maximize your 401k savings. Inspired by how much money Brandon realized he could have been saving as a small business owner beyond what general 401k providers said, Brandon set up to get expert 401k advice and in one year was able to save more than $225,000 in his 401k. All legal, but lessor known ways to configure a 401k retirement plans. This podcast is for all solopreneurs, entrepreneurs and SMB business owners so they don't leave money on the table and learn the ways to structure retirement plans to maximize their 401k savings.

Tracks

Show cover of 401k Types of Safe Harbors and Why You Need One

Types of safe harbors and why you need one.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/29/24 • 05:22

Show cover of 401k What Happens After The Safe Harbor Deadline

In today's episode what happens after the safe harbor deadline.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/29/24 • 03:52

Show cover of 401k Pros & Cons of a Simple IRA

Learn about the pros and cons of a simple IRA.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/28/24 • 05:37

Show cover of 401k How to Build A 401k To Retain Employees

Learn how to build a 401k to retain employees.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/28/24 • 05:13

Show cover of 401k Best 401ks for Restaurants

Learn what the 401k programs are for restaurant owners and their employees.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/28/24 • 04:45

Show cover of 401k Best 401k for Attorneys

Not all 401k plans are the same. Different professions and businesses require building specific 401k plans to assure maximum savings for the owners.We go over the type of 401k plan design you want as attorney. EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/18/24 • 03:34

Show cover of 401k Switching form a Simple IRA to a 401k - SECURE 2.0 Updated Rule

How to switch from a Simple IRA to a 401k.This is a SECURE 2.0 updated rule.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/12/24 • 04:19

Show cover of 401k How to Build a 401k for a Business with a Highly Paid Sales Team

In this episode we cover how to build a business with a highly paid sales team.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/11/24 • 03:59

Show cover of 401k Reminder SECURE 2.0 Tax Credits Available

In this episode we are going over the Secure 2.0 tax credits are still available. EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/11/24 • 03:38

Show cover of 401k 2024 401k Contribution Limits

We review the 2024 401k Contribution Limits that has been updated since 2023. EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/10/24 • 04:34

Show cover of 401k The 3 Roles of a 401k Plan

The 3 Roles of a 401k PlanEPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/10/24 • 03:43

Show cover of 401k What is Auto-Enrollment in a 401k Plan, and Why You Need It.

What is Auto-Enrollment in a 401k Plan, and Why You Need ItEPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/10/24 • 02:15

Show cover of 401k Adding Profit Sharing to your Safe Harbor 401k

Adding Profit Sharing to your Safe Harbor 401kEPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

1/8/24 • 05:01

Show cover of 401k Importance of Year End Income Planning for Your 401k Program

Year end incoming planning is VERY important when it comes to your 401k retirement plan for the existing tax year. Get the key things you need to decide and cut off dates to do it.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

12/3/23 • 04:12

Show cover of 401k How to Double Dip Your 401k Retirement Plan as a Business Owner and Entrepreneur

How exactly to set up your 401k retirement plan to double dip in your company's 401k plan for yourself as a business owner and entrepreneur.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

7/2/23 • 05:28

Show cover of 401k Advanced Profit Sharing 401k Retirement Savings Techniques for Successful Business Owners and Entrepreneurs

How to implement advanced profit sharing techniques for your company's 401k retirement savings plan that will allow you to save a lot of money tax free.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

7/2/23 • 07:05

Show cover of 401k Mega Backdoor Roth 401k Strategy for Highly Successful Business Owners and Entrepreneurs

The Mega Backdoor 401k strategy, exactly how to implement them in your company and save big money for retirement as a business owner and entrepreneur...tax free.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

7/2/23 • 05:10

Show cover of 401k Safe Harbor 401k Strategy for Highly Successful Business Owners and Entrepreneurs

Learn about Safe Harbor 401k retirement plans and how to implement them in your company to save money for retirement. You'll be surprised how much money you can save with this retirement savings strategy!EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

7/1/23 • 04:52

Show cover of 401k How to Stop Getting 401k Retirement Plan Refund Checks

A refund check from your 401k retirement plan means that money gets taxed and doesn't grow tax free. Matt explains how to fix that.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

7/1/23 • 08:19

Show cover of 401k How Controlled Groups Work in 401k Retirement Plans

Learn how to navigate the gray areas of control groups and ensure fairness to employees. Discover the three rules of control groups, including parent subsidy, fifty percent threshold, and family attribution. The Controlled Groups 401k retirement plan code applies to business owners, real estate investors, venture capital firms and other businesses that often have multiple corporations or LLCs to separate assets.Avoid penalties, fines, and cash flow issues by understanding the rules around control groups that are covered in this episode.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

5/5/23 • 11:41

Show cover of 401k What is a HCE in a 401k Plan and Navigating The Annual Testing Requirements

Understanding the Highly Compensated Employee (HCE) 401k retirement plan regulation is very important because if your plan fails the test for HCE's you could face fines. Learn all about what the definition of a Highly Compensated Employee (HCE) is and how to stay compliant with your company's 401k plan.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

5/4/23 • 10:08

Show cover of 401k Important 401k Retirement Plan Deadlines

We cover all the 401k retirement plan deadlines that you need to know so you don't miss out on contributing to your 401k retirement plan AND you don't miss any compliance deadlines.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

4/13/23 • 08:04

Show cover of 401k Maximize Your Retirement Income

We cover how to maximize your retirement income as a business owner. The different options from 401k retirement plans and versions you probably haven't heard of, but should know, to ROTH IRA's and other types of IRA's. A great overview from the retirement plan expert.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

4/6/23 • 69:09

Show cover of 401k 401k Plan Audit Requirement - Annual Testing

We explain what the annual testing requirement so you're sure to be able to pass your 401k Plan Audit Requirements. These aren't hard once you understand them and you want to get them right so you avoid any files.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/29/23 • 11:25

Show cover of 401k SECURE 2.0 Act of 2022 Sweeping Changes to SECURE 2.0 Act of 2022 Business Owners Need to Know

We go over the list of sweeping changes to 401k SECURE 2.0 Act that effects business owners. We explain the changes and how you can save more for yourself and your employees.SHOW NOTESSecure Act 2.0 is Congress’s latest attempt to address America's retirement crisis. Signed into law in late December 2022, this package of retirement reforms aim to finish the job begun by the Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019.Version 2.0 of the Secure Act introduces dozens of provisions intended to improve retirement outcomes. From better catch-up contributions to automatic 401(k) enrollment, we’ve identified five of the most important changes you need to know about from this new law.We go over the major changes so you know as a business owner how to save more.EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/17/23 • 16:46

Show cover of 401k SECURE 2.0 Act of 2022 Makes Tax Credit Changes to Retirement Savings Plans

We summarize the Tax Credit changes to the SECURE 2.0 Act for business owners so you can make adjustments to your company's retirement savings plans save more for yourself and your employees.SHOW NOTESOn December 29, 2022, the Consolidated Appropriations Act of 2023 (HR 2617) was signed into law. The Act includes important provisions affecting retirement savings plans which are intended to build upon the 2019 SECURE Act. These provisions, collectively referred to as SECURE 2.0, offer many new benefits to employers and employees which are designed to make it more attractive for employers to offer retirement plans and to improve retirement outcomes for employees.Listen to this episode where Matt and Brandon give you all the details of SECURE 2.0EPISODE LINKS: Get FREE information about Setting up or Fixing Your 401k planhttps://lifeincrs.com/401k-plans-podcast/

3/17/23 • 13:38