You as an employee and your company can contribute to a Solo 401k for you and your spouse if they also work in the business - up to $70,000 total contribution per person for those under age 50.
Now is a great time to start saving for College! You have savings options like the 529 Plan, but don't forget about scholarships and financial aid.
If you have questions about either your home's role in your overall personal finances or how an investment property can help you build wealth, please let me know!
What is a Roth IRA? How can I contribute to a Roth IRA if I'm over the income limit?
Yes - you can save for Retirement and College at the same time!
Changes are coming in 2025 to Tax Brackets, the Standard Deduction, Marginal Tax Rates, the Gift Tax and the Estate Tax Credit.
