Retirement & Wealth Planning
Overview
Retirement planning for business owners and self-employed individuals involves more than just setting money aside. Wakefield Tax provides guidance on retirement account selection, contribution strategies, and timing to balance current tax benefits with long-term wealth building. From SEP IRAs to Solo 401(k)s, we help navigate the options available and develop strategies that align with both tax efficiency and retirement goals.
Features
SEP IRA, Solo 401(k), and SIMPLE IRA planning
Traditional vs Roth contribution strategy
Retirement plan selection for business structure
Contribution timing and limit optimization
Catch-up contribution planning for 50+ individuals
Backdoor Roth IRA strategies
Required minimum distribution (RMD) planning
Health Savings Account (HSA) integration
Retirement account rollover guidance
Benefits
Tax-advantaged retirement contributions maximized
Retirement strategies aligned with business and personal goals
Contribution limits and deadlines tracked
Long-term wealth building integrated with tax planning
