Business Employee Retention Tax Credits [Video]

Have you thought about how your business will handle the death of an owner? From modest family operations to multi-billion dollar corporations, the death of an owner can seriously cripple a business. A buy-sell agreement allows for a smoother transition in ownership to the surviving owners. Life insurance is a cost-efficient and relatively simple way to fund a buy-sell agreement. Funding through life insurance is potentially guaranteed and is also generally tax free. Both a cross-purchase agreement and an entity purchase agreement can use life insurance to purchase a deceased owners share of the business. Talk to your financial professional about protecting the life of your business with a buy-sell agreement funded with a North American life insurance policy. Find out more about North American life insurance today: https://www.northamericancompany.com Facebook: https://www.facebook.com/northamericancompany LinkedIn: https://www.linkedin.com/company/north-american-company-for-life-and-health Twitter: https://twitter.com/NorthAmerCo

How to Create Wealth Like a Bank with Infinite Banking. There are 3 simple things that banks do to create wealth. The good news is, you can do it too by becoming your own banker with infinite banking. Resources Free Book https://CashflowHackingBook.com 5 Day Challenge https://www.cashflowhacking.com Set up a call to discuss your finances or life insurance business https://calendly.com/LIFE180/claritycall SUBSCRIBE TO LIFE180 ON YOUTUBE https://www.youtube.com/channel/UCyNvN057XS4Afd25rQrdFuQ?sub_confirmation=1 JOIN THIS CHANNEL TO GET ACCESS TO PERKS https://www.youtube.com/channel/UCyNvN057XS4Afd25rQrdFuQ/join Amazing tools to build your business: https://life180.com/ActiveCampaign https://life180.com/ClickFunnels https://life180.com/Dubb https://life180.com/Canva Chapter Timestamps Here 0:00 Intro to how to use Infinite Banking to create wealth like banks do 1:37 How Banks Create Wealth 3:48 How to use Infinite Banking to Replace the Bank 6:00 You can create passive cash flow like a bank 7:20 Create Velocity with Your Capital with Infinite Banking FOLLOW CHRIS ON SOCIAL MEDIA SOCIAL LINKS https://y.at/ LinkedIn https://www.linkedin.com/in/ckirkpatrick13/ Facebook https://www.facebook.com/LIFE180LLC/ Instagram https://www.instagram.com/realchriskirkpatrick/ TikTok https://www.tiktok.com/@realchriskirkpatrick ABOUT LIFE180 Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people. So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses. Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help. https://www.LIFE180.com If you found this video valuable, give it a like. If you know someone who needs to see it, share it. Leave a comment below with your thoughts and questions. Add it to a playlist if you want to watch it later. *All content in this video is for educational purposes only and is not to be interpreted as personal financial advice. #LIFE180 #CashFlowHacking #CashFlowHacker #ChrisKirkpatrick #InfiniteBanking

FILLMORE, Calif., Feb. 14, 2022 /PRNewswire-PRWeb/ -- Diamond Realty today announced its partnership with Side, the only real estate technology company that exclusively partners with high-performing agents, teams, and independent

What are Retirement Plans for Self Employed- What is Retirement Planning for Self Employed? 1-800-566-1002 https://www.ifasifinancial.com. What are the best types of Retirement Planning for Self Employed and learn how you can avoid the most common mistakes that self employed individuals have made when looking to set up retirement planning.https://www.youtube.com/watch?v=rCLu2uVwgDQ&feature=youtu.beThese are the Best Retirement Options for self employedWe have the information you need to know about the top retirement plans. How much can you save and what plan is best for you.Self-employment has its downsides. You don't get all the benefits offered by employers like a 401k plan that offers a match for your contributions. However, there are some advantages to self-employed retirement plans that can far exceed regular ones.Solo 401(k) gives you more than just all the benefits that a company plan offers. There are two options: traditional and Roth 401(k), which allows you to make contributions before or after-tax dollars. You have the option to invest in any type of asset. You won't have to pay any additional fees if you choose a broker who offers a solo 401(k). How to build your own retirement plan if you are self-employed?A retirement plan is essential for freelancers. There's nobody else looking out for you retirement. Your mantra should always be "Pay yourself first."You may consider consulting a financial adviser to help you determine how to best allocate your money as your savings grow. Many companies offer low-cost or free retirement planning advice.A spousal account allows for you to make more money in retirement if you are married but one of you isn't working or earning significantly less. A spouse who is not working can open a Roth or traditional IRA under their name. Contributions are based on household income. You can only contribute the income you earn in an average year.It's easy to set up your self employed retirement plan.Like everything an entrepreneur does. There is no human resource (HR) person who will walk you through your company's 401(k). No matching contributions are allowed, there is no company stock and automatic payroll deductions.As a business owner the downside is that employees must make the same contributions as you. They should be at least equal in amount and percentage to your own pay. This can prove costly for businesses with more employees, or those who want to save a lot of money for their retirement. It is not enough to use the SEP for your own savings. You must also make contributions to all employees who are eligible.Being able to open another IRA--and max out the account with contributions--allows some married couples to double their IRA retirement savings each year.Self-employed: Retirement PlansThey can help you save more than traditional plans offered by your employer. Entrepreneurs and self-employed can bankroll bright retirements with a well-chosen plan.The Roth 401 (k) account has the same contribution limits that traditional 401 (k) accounts. You are eligible for the match if your employer provides a match on 401(k). Federal regulations will allow it to be transferred into an ordinary 401(k).#RetirementPlanningforSelfEmployed#RetirementPlanforSelfEmployed#RetirementPlansforSelfEmployedFeel free to subscribe to our YouTube channel and receive instant access on different retirement relatedtopics. Thanks for watching!Related Search termsRetirement Planning for Self Employed annuitiesRetirement Planning for Self Employed IRA incomeRetirement Planning for Self Employed explainedRetirement Planning for Self Employed reviewsRetirement Planning for Self Employed reviewWhat is the best fixed indexed Retirement Planning for Self Employed vs the top immediate income Retirement Planning for Self Employed.