Welcome to another episode of the Rent To Retirement Podcast! Today, hosts Adam Schroeder and Zach Lemaster dive deep into the world of Solo 401(k) plans, a powerful tool for maximizing your retirement savings. Whether you're a seasoned investor or just getting started, this episode is packed with valuable insights to help you make the most of your financial future. 💼📈
Key Points:
0:00 - Introduction
2:45 - What is a Solo 401(k)?
5:30 - Benefits of a Solo 401(k) for Real Estate Investors
10:15 - Contribution Limits and Tax Advantages
15:20 - How to Set Up a Solo 401(k)
20:40 - Common Mistakes to Avoid
25:55 - Real-Life Success Stories
34:00 - Conclusion and Final Thoughts
Thank you for tuning in! We hope this episode helps you understand the immense potential of Solo 401(k) plans and how they can enhance your retirement strategy. Don't forget to subscribe to our channel for more expert advice and strategies! 🚀🔔
With the many options available for a real estate investor, some people gravitate towards single-family homes, some to multifamily, and some go the route of buying raw land.
Have questions? Please send them to podcast@renttoretirement.com and hear them answered in a future episode!
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