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R. Klein, EA
R. Klein, EA, Enrolled Agent
Category: Tax
Satisfied Customers: 3374
Experience:  Over 20 Years experience
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what would be the best way for an optometrist to make retirement

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what would be the best way for an optometrist to make retirement contributions with the highest amount of income deduction?
Traditional IRA, SEP IRA or Simple IRA? Thanks

Randalltax :

Thank you for contacting me about your Tax issue. I will work hard to help you understand the issue clearly.

Randalltax :

The single most-effective way to maximize a single-person entity's retirement is a Single-Person 401(k) or solo401(k)

Randalltax :

If you have other employees that you DON'T want to fund for retirement, your best bet may be a traditional SIMPLE plan.

R. Klein, EA and other Tax Specialists are ready to help you

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