Retirement Plans for Full-time Traders

Recorded Nov. 14, 2012

The best retirement plan for business traders is an Individual 401(k). It maximizes income tax savings vs. self-employment tax or payroll tax cost. Set it up before year-end in connection with your trading business. Roth IRAs provide an opportunity for permanent tax savings on trading income. Consider a Roth conversion before year-end. And there’s no need to worry — you can do a re-characterization if it doesn’t work out well.

Testimonials

Star (Johnson CPA), I've reviewed both my  Individual and LLC returns and have no further questions. Please proceed with E-filing the returns. Thanks Again for Your Oversight and Support!! Wonderful work!!!! Regards,

LW

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