Do you wish you could pay less to the IRS in taxes and more to yourself for retirement?  Are you unsure about the retirement account options available to you as a business owner or entrepreneur?

When you were first starting your career it was easy, right?  You put money into your employer’s 401(k) Plan, they matched it and you were on your way to retiring in 35 years or so…but now, it doesn’t seem quite so simple.  You own your own business or are self-employed and there are lots of options, so many combinations, that it seems hard to navigate retirement planning and be sure you’ll end up with the best answer for your personal scenario.

We get it – the CORE Group is here to help you design a retirement strategy that propels you toward your goals, while providing you with the tax savings everyone is looking for.  As an entrepreneur or self-employed individual, you have a variety of options to choose from including:

  • 401(k) or 403(b) Plan
  • Solo 401(k) Plan
  • SEP (Simplified Employee Pension Plan) IRA
  • SIMPLE (Savings Incentive Match Plan for Employers) IRA
  • Traditional IRA
  • Roth IRA
  • HSA (Health Savings Account)

By combining these options, we can create a solution to shape the future you’re dreaming of.  Here’s a simplified example:

Your net income from your S-corporation for 2017 is $350,000.  Your spouse has W-2 income from his/her employer of $75,000.  Filing your returns jointly with your spouse without making any retirement contributions, your total tax would be $115,633, based on an adjusted gross income (AGI) of $425,000.  That’s a lot of tax for one family to pay!

On the flip side, if you and your spouse both maximize the tax savings available by contributing to his/her 401(k) plan at work and contributing to your (in this case) SEP IRA, you’ll set aside $73,000 for the future AND reduce your tax liability by over $24,000.  That’s in a single year – just imagine how those numbers will add up over the next 5, 10, or 20 years!


To get started, complete the form above for you Retirement Tax Savings Guide or give us a call at 866-443-4439 .  Let’s schedule a complimentary consultation to create a roadmap for to the future you’re dreaming of.