Podcast appearances and mentions of matt ruttenberg

Want to keep more of what you earn and build long-term security for yourself and your team? Retirement planning may sound overwhelming — but with the right strategy, it can reduce your taxes, attract better employees, and set you up for the future. In this episode, I talk with Matt Ruttenberg, co-owner and Director of Business Development at Life, Inc. Retirement Services. Matt helps businesses, including bars and restaurants, figure out how to set up retirement plans that actually work for them. In today's episode:Why IRAs aren't always the best choice for bar ownersWhat makes a 401(k) more flexible — and how it can save you moneyThe tax credits that are available right now (they can be big!) How you can set rules around who qualifies — so you're not giving money to short-term staff What to expect when you set one up (it doesn't take as long as you think) Listen now and take the guesswork out of retirement planning for good. Learn more about Life, Inc. Retirement Services Life, Inc. Retirement Services WebsiteLearn More:Schedule a Strategy SessionBar Business Nation Facebook GroupThe Bar Business Podcast WebsiteChris' Book 'How to Make Top-Shelf Profits in the Bar Business'Thank you to our show sponsors, SpotOn and Starfish. SpotOn's modern, cloud-based POS system allows bars to increase team productivity and provides the reporting you need to make smart financial decisions. Starfish works with your bookkeeping software using AI to help you make data-driven decisions and maximize your profits while giving you benchmarking data to understand how you compare to the industry at large. **We are a SpotOn affiliate and earn commissions from the link above. A podcast for bar, pub, tavern, nightclub, and restaurant owners, managers, and hospitality professionals, covering essential topics like bar inventory, marketing strategies, restaurant financials, and hospitality profits to help increase bar profits and overall success in the hospitality industry.

Matt Ruttenberg is a financial entrepreneur, CMO & Shareholder of Life, Inc., and founder of SureLI Insurance. He's been in the finance and 401k industries for over 20 years. I sold my financial planning practice after 15 years in order to move from "generalist" to "specialist. He have a passion forworking with business owners and real estate investors and achieve to become an absolute expert in both. As a 401(k) expert, I can educate your community of entrepreneurs on navigating the retirement plan landscape and selecting the best plan for their business. Master of Your Crafts is a captivating podcast featuring conversations with individuals who have dedicated themselves to mastering their craft. Whether it's a gift, talent or skill that comes naturally to them, these individuals have taken ownership and honed their abilities to perfection. Through deep conversation, we delve into their inner dialogue, actions and life circumstances offering words of wisdom to empower and guide you on a journey to becoming the master of your own craft.For more information, visit our website https://masterofyourcrafts.com and Bright Shining Light Website: https://brightshininglight.comStay connected with us:- Facebook: https://www.facebook.com/masterofyourcrafts- Instagram: https://www.instagram.com/MasterOfYourCrafts/- Spotify: https://open.spotify.com/show/1M0vp9HoK7kkP1w4ij7PJd?si=7d383a92b93b4e2c- ApplePodcast: https://podcasts.apple.com/ca/podcast/master-of-your-crafts/id1512818795- Amazon Music: https://music.amazon.ca/podcasts/b15079de-bc6a-487c-b8f8-faca73d0f685/master-of-your-crafts- Google Play: https://podcasts.google.com/feed/aHR0...

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Have you ever wondered what it takes to make the leap from a conventional career to a fulfilling entrepreneurial journey? Glenn Harper and Julie Smith sit down with Matt Ruttenberg, co-owner of Business Development of Life Inc. Retirement Services, to unravel his path from Ohio to Hawaii. You'll hear about his transition from the traditional financial services industry to creating meaningful retirement solutions for clients. Discover how Matt managed to blend his passion for helping others with his entrepreneurial spirit to build a flourishing business. This is an inspiring conversation filled with actionable insights and dynamic twists that could alter the way you think about your entrepreneurial journey. The end might just stop you in your tracks.Top Empowering TakeawaysEntrepreneurial Journey: Matt's entrepreneurial journey shows the importance of discovering what truly interests you and pivoting when necessary. He shifted from traditional financial services to providing more specialized retirement plan services.Mentorship and Family Influence: Matt's background in a finance-savvy family and mentorship from his father played a significant role in molding his career path. His father's work ethic and approach influenced Matt's decision to become an entrepreneur.Adaptability and Patience: Matt emphasizes the importance of patience and adaptability. Entrepreneurs need to be prepared to take a long journey, understanding that initial steps might lead to unexpected but valuable opportunities.Collaboration and Team Building: To scale and excel in business, especially in providing specialized services like 401(k) plans, building a knowledgeable and strong team is essential. Matt moved from working independently to partnering with a team to leverage their collective expertise.Client-Centered Approach: The focus on understanding the client's specific needs, whether for tax saving or providing value to employees, is essential in the retirement plan services business. Tailoring plans to meet these specific needs makes a big difference.Geographical Flexibility: Matt transitioned from different locations like Ohio, Florida, and eventually Hawaii, showing that geographical flexibility can play a role in pursuing entrepreneurial dreams and exploring new opportunities.Real Estate Investment: Matt's real estate ventures with his brother and cousin during college highlight the potential of real estate as a secondary business avenue for entrepreneurs.Importance of Networking: Matt's involvement in financial media networks and conferences underscores the importance of networking in fostering professional growth and staying updated with industry trends.Family Support: Having a supportive spouse who understands and encourages the entrepreneurial journey can significantly impact an entrepreneur's success. Matt credits his wife's support as pivotal in his journey.Continuous Learning and Evolution: The concept of continuous improvement and evolution in career and business decisions is vital. Matt's path shows the need to keep learning, adapting, and re-strategizing to find the most fulfilling and successful role.This episode is brought to you by PureTax, LLC. Tax preparation services without the pressure. When all you need is to get your tax return done, take the stress out of tax season by working with a firm that has simplified the process and the pricing.

Send us a textAre you maximizing your tax savings while building your retirement plan, or leaving opportunities on the table?In this episode, Mike Jesowshek is joined by Matt Ruttenberg to discuss strategies for reducing your 2024 tax bill through retirement contributions and planning. They highlight key deadlines for individual and employer contributions, such as the April 15th cutoff for IRAs and the extended filing deadlines for employer contributions. They also delve into options like solo 401(k)s, safe harbor plans, and cash balance plans, emphasizing the importance of early planning and ongoing consultation to maximize tax savings and retirement benefits.[00:00 - 02:17] IntroductionMike welcomes Matt Ruttenberg back to the show as a trusted retirement expert.Discussion begins with how the new year presents opportunities to address past tax planning mistakes.[02:18 - 05:59] IRA ContributionsDeadlines for Roth and traditional IRAs are April 15th.Contributions are based on individual earned income, not business profits. Lesson: Plan IRA contributions early, as extensions don't apply.[06:00 - 10:14] Profit Sharing and Employer ContributionsEmployer contributions for profit sharing plans can be made until the extended filing deadline.Different strategies, such as "new comparability," can maximize owner benefits.[10:15 - 13:28] Solo 401(k)s and New RulesFirst-year solo 401(k) participants can contribute employee portions up to April 15th.This rule applies to sole proprietors and single-member LLCs, not S-corporations.[13:29 - 16:11] Safe Harbor and ComplianceSafe harbor plans help owners and highly compensated employees avoid compliance issues.A 4% non-elective contribution can be made post-deadline to improve compliance.[16:12 - 24:33] Advanced Plans: Cash Balance and Defined BenefitHigh-income businesses can use defined benefit plans for contributions up to $300,000.These plans require actuary involvement and multi-year commitments.[24:34 - 31:16] Key Takeaways and Planning for 2025Employer contributions can be made until the filing deadline, including extensions.2025 should focus on proactive tax planning to avoid last-minute issues.Direct Quote:"All 401(k) plans are not created equal; work with someone who knows the options available to you." - Matt RuttenbergBuild a custom 401(k) for your business by visiting https://lifeincrs.com/tax-savings-podcast/ ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: www.TaxSavingsTV.com 

In this episode of the Kern County Real Estate Review, we sit down with financial expert Matt Ruttenberg to explore the power and potential of self-directed 401(k)s. Whether you're an investor looking to take control of your retirement funds or simply curious about diversifying your portfolio, this episode covers everything you need to know. Discover how self-directed 401(k)s can open up new investment opportunities in real estate, private businesses, and more. Tune in to learn how this financial tool could help you build wealth beyond the stock market.

Questions? Thoughts? Send a Text to The Optometry Money Podcast!Matt Ruttenberg of Life Inc., Retirement Services joins the podcast for a mid-year review of 2024 updates for 401(k) plans and late-year deadlines optometry practice owners need to know. They dive into soon-to-be required auto-enrollment, deadlines to open a safe harbor 401(k) plan for 2024, profit sharing deadlines, submitting 5500 for solo 401(k) plans, and more!Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at podcast@optometrywealth.com.Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what's on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices. Resources mentioned on this episode:The Optometry Money Podcast Ep 40: The Optometrist's Guide to The SECURE Act 2.0The Optometry Money Podcast Ep 89: 2024 Financial Updates Optometrists Need to KnowThe Optometry Money Podcast Ep 63: Choosing A Retirement Plan for Your Optometry PracticeThe Optometry Money Podcast Ep 64: How to Invest Six Digits A Year Into Your Practice Retirement Plans with Matt RuttenbergLife, Inc. Learning CenterThe Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.

Send us a Text Message.Are you maximizing your current retirement plans but still looking for more advanced strategies to secure your future and take care of key employees?In this episode, Mike Jesowshek and retirement expert Matt Ruttenberg discuss advanced retirement strategies for business owners who have maximized basic retirement plans. They explore qualified and non-qualified plans, focusing on cash balance plans and deferred compensation plans, which offer significant tax benefits and flexibility. They emphasize the importance of tailoring retirement plans to individual business needs and revenue levels, highlighting the potential for substantial contributions and long-term tax advantages.[00:00 - 04:41] Introduction and OverviewMike introduces the topic of advanced retirement strategies and welcomes Matt Ruttenberg.Matt explains that advanced retirement strategies are not for everyone.He introduces the concept of layering different retirement plans.[04:42 - 10:18] Retirement Plan Stack and Qualified vs. Non-Qualified PlansMatt explains qualified plans, including cash balance plans and their benefits.He details the cash balance plan, its benefits, and its design for high contributions.He also introduces non-qualified plans, highlighting deferred compensation plans.What are the benefits of non-qualified plans for key employees and tax planning?[10:19 - 17:22] Tax Code 7702 and Practical Considerations and CustomizationMatt explains Section 162 plans and the use of life insurance platforms.What are the benefits of tax code 7702 for long-term tax-deferred growth and tax-free withdrawals?Retirement plans can be customized based on business needs.[17:23 - 22:51] Customized Retirement Plans and Non-Qualified Plan BenefitsMatt explains the importance of qualified plan design and customizing retirement plans to fit individual business needs.Different levels of revenue unlock various plan options.What are the benefits of non-qualified plans for business owners and key employees?[22:52 - 26:31] Common MisconceptionsMatt addresses misconceptions about 401K plans.He shares the importance of understanding plan documents and options.Direct Quotes:"It's all about how you get the money out of the company and into these more advanced plan options." - Matt Rutenberg"Not all 401Ks are created equal. It all comes down to the plan documents and how those are designed." - Matt Rutenberg"Deferred compensation plans are often referred to as 'golden handcuffs' because they incentivize key employees to stay long-term." - Matt Rutenberg______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/IncSight Packages (Full-Service): https://incsight.net/pricing/Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: https://www.youtube.com

Send us a Text Message.Are you leveraging the latest tax credits to provide the best retirement plans for your employees?Hosts Mike Jesowshek and guest Matt Ruttenberg discuss retirement plan options for businesses with employees. The conversation highlights various types of retirement plans like SEP IRAs, SIMPLE IRAs, Safe Harbor 401(k)s, and traditional 401(k)s. They explore the benefits of these plans, particularly in light of recent tax credits and laws that make setting up these plans more advantageous. The episode emphasizes the importance of understanding one's business needs and goals to choose the right plan, stressing the consultative approach to retirement planning.Discover how simple adjustments to your retirement planning could save you thousands in taxes and benefit your entire team by tuning in![00:00 - 06:15] Overview of Retirement Plan OptionsMike introduces the topic of retirement plans for businesses with employees.He encourages listeners to refer to previous episodes for foundational knowledge.Matt details various retirement plans available, including SIMPLE and SEP IRAs, Safe Harbor, and traditional 401(k) plans.[06:15 - 14:49] Deep Dive into Plan Features and SelectionMatt explains how businesses can select appropriate plans based on their priorities and business goals.They discuss the role of tax credits in offsetting the costs of starting retirement plans.[14:49 - 23:01] Final Thoughts and Listener Q&AMatt and Mike address common misconceptions about the complexity and cost of setting up retirement plans.They conclude with advice on consulting professionals to tailor retirement plans to specific business needs.Direct Quotes:"The vast amount of retirement plan options available should encourage every business owner to consider what's best for their situation." - Matt Ruttenberg"Don't be afraid to reach out for help, as the right plan can significantly impact your business's and employees' futures." - Matt RuttenbergConnect with Matt Ruttenberg!LinkedIn: https://www.linkedin.com/in/mattruttenberg/ ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/IncSight Packages (Full-Service): https://incsight.net/pricing/Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: https://www.youtube.com/@TaxSavings 

Are you a solo entrepreneur puzzled by the myriad of retirement planning options?Mike Jesowshek welcomes back Matt Ruttenberg to discuss retirement plan options for solo entrepreneurs without employees. They highlight various plans like IRAs, SIMPLE IRAs, SEP IRAs, and solo 401(k)s, emphasizing the importance of starting with the desired savings amount to determine the most suitable plan. The episode covers the contribution limits, the benefits of each plan type, and the financial implications of choosing one plan over another, particularly in terms of tax deductions and maximizing retirement savings.Discover how choosing the right plan can maximize your savings and secure your financial future by tuning in![00:00 - 05:48] Exploring Basic Retirement Plan Options, SEP IRAs, and Solo 401(k)sMike introduces the topic of retirement plans for solo entrepreneurs.Matt discusses simple retirement options like individual IRAs and SIMPLE IRAs, highlighting their benefits and contribution limits.He elaborates on the higher contribution limits of SEP IRAs and the advantages of solo 401(k)s, including their structure and potential for higher savings.[05:48 - 15:22] Comparison of SEP IRA and Solo 401(k) Contributions and Decision-Making in Retirement PlanningMatt and Mike share a detailed explanation of how contribution limits are calculated based on business type and income.They discuss the extra benefits of solo 401(k)s, such as catch-up contributions for those over 50.Choosing the right retirement plan based on the amount one wants to save simplifies the decision-making process.[15:22 - 20:05] Closing and Resource MentionDirect Quote:"So you might have a couple hundred dollars of fees, but you are netting a substantial amount more, going into that solo than you are with the SEP IRA." - Matt RuttenbergConnect with Matt Ruttenberg!LinkedIn: https://www.linkedin.com/in/mattruttenberg/ ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/IncSight Packages (Full-Service): https://incsight.net/pricing/Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: https://www.youtube.com/@TaxSavings 

Thanks for listening. If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram stories and tag me, @ambitiousbookkeeperFor more information about the Ambitious Bookkeeper Podcast or interest in our programs or mentoring visit our resources below:Visit our website: ambitiousbookkeeper.comFollow the Blog: ambitiousbookkeeper.com/blogConnect on Instagram: instagram.com/ambitiousbookkeeperConnect on LinkedIn: Linkedin.com/in/SerenaShoupConnect on Facebook: Facebook.com/serenashoupcpaThank you for your support of our show. If you haven't left a review yet it's super simple. Please go to: https://www.ambitiousbookkeeper.com/podcast and leave your review.Podcast Publishing Tools we use:Podcast Editing: Sabr Media LLCDescript (affiliate link)Buzzsprout (affiliate link)Click here to get the free First 100 Leads Training with James Wedmore >>

Are you a small business owner curious about the financial benefits of establishing a retirement plan for your company?In this episode, Mike Jeshowshek and guest Matt Ruttenberg discuss the substantial tax credits and key due dates associated with setting up retirement plans for small businesses, introduced by Secure 2.0. They delve into specific credits available, such as the startup credit and the auto-enrollment credit, and outline who qualifies for these benefits. Matt provides a detailed explanation of how businesses can maximize these credits, the importance of not missing due dates, and the strategic advantage of starting retirement plans early. They also emphasize the significant tax savings and benefits for small business owners and their employees.[00:00 - 05:51] Introduction and Overview of the Series[05:52 - 12:04] Discussing Tax Credits for Retirement PlansMatt explains the startup and auto-enrollment credits under Secure 2.0.He gives examples of how businesses can utilize these credits.[12:05 - 18:44] Qualification Criteria and Case StudiesMatt provided a detailed discussion on who qualifies for the tax credits and a case study illustrating potential savings.[18:45 - 22:24] Important Due Dates for Implementing PlansMatt outlines critical due dates for various retirement plans.What is the importance of early planning and meeting deadlines to maximize benefits?Direct Quote:"Don't wait until September 15th... It takes roughly 45 to 60 days to implement these plans... So let's start having these conversations and just start looking into it." - Matt RuttenbergConnect with Matt Ruttenberg!LinkedIn: https://www.linkedin.com/in/mattruttenberg/ ______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin TaxElm: https://taxelm.com/IncSight Packages (Full-Service): https://incsight.net/pricing/Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/YouTube: https://www.youtube.com/@TaxSavings 

How can you maximize your business potential? In this episode of the Small Business Tax Savings Podcast, Mike welcomes Matt Ruttenberg. Matt provides an overview of the different plans available and how they can benefit both employers and employees. Matt covers topics such as the different types of deferred compensation plans, the bonus 162 plan, and life insurance retirement plans.Tune in now and hear Matt discusses how a better understanding of the different non-qualified retirement options available and when it makes sense for you to use them![00:22] Discover Non-Qualified Retirement OptionsToday's topic is, “Unlock Your Business Potential: Exploring Non-Qualified Retirement Plans!”Non-qualified retirement options remove the tax benefits and rules associated with qualified plansDeferred compensation is the most restrictive type of non-qualified plan[04:48] Unlocking The Benefits Of A Bonus 162 PlanA deferred compensation plan is a way to bonus employees at retirementThe Bonus 162 Plan is an executive bonus plan that uses only a life insurance platformRestrictions for targeting key employeesThe plan mimics a vesting schedule and the taxes are wiped out when the employee takes over the policy[10:22] Exploring Retirement Plan OptionsThe employer pays taxes on any bonuses given to the employee in that yearThe cash value of the policy grows tax deferred and mimics a ROTH when taking money outLife insurance policies have their place, but they are oftentimes oversoldEvery person is different and there are different solutions available[15:25] Closing SegmentMatt provides his insights to listeners to have a better understanding of the different non-qualified retirement options available to business owners!Final WordsKey Quotes“When you remove the qualified stamp from a plan, it removes a lot of the rules that go with it, not only from you as an individual, but you from an employer. So, you don't have to offer it to employees. There are no limits on contributions.” – Mike Jesowshek, CPA______Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

How do you maximize the retirement plans in your optometry practice? Profit and cash flow are growing, your taxable income is growing. How do you put potentially $100,000 or more into your retirement accounts?Matt Ruttenberg of Life, Inc. Retirement Services joins Evon once again for Part 2 to talk about how to use the different layers and features of retirement plans to their fullest potential. They dive into:The three layers of retirement plan opportunitiesDifferent methods of profit sharing contributions in your 401(k)How a cash balance pension plan works and which optometrists are a good fitA key tax planning window before exiting or selling your optometry practiceHow different business entities under the same ownership impact your retirement plansHave questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com.Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what's on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices. Resources mentioned on this episode:The Optometry Money Podcast Ep. 63: Choosing a Retirement Plan For Your Optometry Practice with Matt RuttenbergLife, Inc. Retirement ServicesLife, Inc. Tax Credit CalculatorRetirement Plan EvaluatorEmail: matt.ruttenberg@lifeincrs.comGet your FREE financial health assessmentThe Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.

What's the right retirement plan for your private optometry practice? Matt Ruttenberg of Life, Inc. Retirement Services joins Evon to talk all about choosing the right retirement plan for your practice. They dive into:IRA-based retirement plans, like SEP IRA and SIMPLE IRA plansSafe Harbor and Traditional 401(k) plansQuestions to ask to choose the right plan for your practiceUpdates from the recent SECURE Act 2.0 Important enhancements to tax credits for starting retirement plans in your optometry practiceUltimately, you need to look at your own circumstances, cash flow, and your goals for the plan, and make the decision that works best for you. Have questions on anything discussed or want to have topics or questions featured on the show? Send Evon an email at evon@optometrywealth.com.Check out www.optometrywealth.com to get to know more about Evon, his financial planning firm Optometry Wealth Advisors, and how he helps optometrists nationwide. From there, you can schedule a short Intro call to share what's on your mind and learn how Evon helps ODs master their cash flow and debt, build their net worth, and plan purposefully around their money and their practices. Resources mentioned on this episode:Life, Inc. Retirement ServicesLife, Inc. Tax Credit CalculatorRetirement Plan EvaluatorThe Optometry Money Podcast Ep. 40: The Optometrist's Guide to SECURE Act 2.0 The Optometry Money Podcast is dedicated to helping optometrists make better decisions around their money, careers, and practices. The show is hosted by Evon Mendrin, CFP®, CSLP®, owner of Optometry Wealth Advisors, a financial planning firm just for optometrists nationwide.

What Retirement Plan Options Are Available For My Business in 2023? In this episode of the Small Business Tax Savings Podcast, Mike interviews Matt Ruttenberg from Life Inc. Retirement Services about retirement plan options available for small businesses in 2023.Matt dives into the different types of retirement plans available for business owners, including traditional IRAs, ROTH IRAs, SEP IRAs, Solo 401Ks, Simple IRAs, and the new Starter 401K coming out in 2014. Tune in now as Matt discusses the importance of saving money on taxes and creating a secure future for themselves and their employees![00:30] Retirement Plan Options For Small Business OwnersToday's episode is all about retirement plan options that are available for your business in 2023Mike interviews Matt Rutenberg, the CMO at Life, Inc. Retirement Services[09:00] Maximize Retirement Savings with SEP IRA, Solo 401K, and Simple IRA OptionsThe goal of a retirement plan is to save money on taxes or recruit/retrain employeesTraditional IRA and ROTH IRA available for personal retirement savingsSEP IRA option for solo business owners with employer contributions up to $66, 000He hints that ROTH contributions may be allowed into SEP IRAs[12:30] Exploring Retirement Options For Business OwnersSEP IRA has a maximum contribution of $25, 000Solo 401K is a better option as it allows for an additional employee contribution of $22, 500 in 2023Traditional IRA and ROTH IRA are the two main retirement options for solo business owners with no outside employeesPayroll-directed IRA is available for business owners with outside employees or non-owner, non-family members      [19: 00] Closing SegmentMatt offers his advice on the importance of saving money on taxes and creating a secure future for themselves and their employees!Final WordsConnect with Matt!Website: Life Inc.LinkedIn: Matt RuttenbergTwitter:  @Matt_RuttenbergInstagram: @Matt_RuttenbergFacebook: Life Inc. RetirementKey Quotes“If you're trying to segment out certain employees or yourself, you might have to go towards a non-qualified plan because if you have a qualified plan like a 401k, Simple, there's rules and fairness… If you are non-qualified, it removes all those fairness rules, and then you can start targeting certain individuals and so on and so forth.” – Matt Ruttenberg--------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

How does the Secure 2.0 Act affect 401Ks? In this episode, Matt Ruttenberg discusses the Secure 2.0 Act and how it can significantly affect tax credits for business owners. The Secure 2.0 Act is a piece of legislation that aims to improve retirement security for Americans.The Secure 2.0 Act offers three main tax credits for businesses that offer retirement plans, including an administration tax credit of $250 per non-highly compensated participant up to 100% of administration fees, and an auto-enroll credit of $500 for the first three years of a plan starting in 2023.The tax credits are only applicable to new plans, and there is still some clarification needed around certain details. Matt highlights various changes and tax credits for retirement plans that will be implemented in 2023. The contribution tax credit is the biggest and most significant tax credit, providing up to $1, 000 per participant who earns $100, 000 or less per year. This credit covers a new tax credit for small businesses that offer retirement plans.Tune in now as Matt explains how The Secure 2.0 Act affects 401Ks and its impact on retirement planning! [00:01] How The Secure 2.0 Act Affect 401KsMike welcomes Matt Rutenberg from Life Inc. Retirement ServicesHow does the Secure 2.0 Act affect 401Ks?Huge tax credits for business owners, up to $250 per participant for administration feesAn auto-enrollment tax credit of $500 for the first three years of new plans starting in 2023[03:37] Tax Credits Available For Small Business Retirement PlansNew releases for retirement plans in 2023, 2024, and 2025Opt-in plans implemented before 2023 are not eligible for tax creditsAdministrative and auto-enroll changes for new plans in 2023Simple IRAs eligible for administration tax creditsRetirement plans can be a selling point to attract and retain employees [10:46] Closing SegmentMatt reminds listeners that the deadline for employee contribution to solo 401Ks is pushed back for the first year of the plan!Final WordsKey Quotes“It's a clear goal here. They need people to save, they want people to save for retirement on their own, and these tax credits are helping to get the ball moving and to get the contributions going.” – Matt Ruttenberg--------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

Matt Ruttenberg is the founder of SureLI, a life insurance company focused on cover you the right way as well CMO of Life, Inc. Retirement Service, a firm focused on growing your business and decreasing your taxes through the use of a retirement plan. He sat down with Chris to talk all things finance, FIRE movement and tax savings for business owners. Connect with Matt on LinkedIn: https://www.linkedin.com/in/mattruttenberg/ Visit the SureLI website to find out more: https://sureli.co/about/ Visit Life Inc. for your retirement plan today: https://lifeincrs.com/evaluator/ --- For more Content with Chris McCormack and the Better Books team: Follow Chris on Instagram: @chrismccormackcpa Connect with Chris on LinkedIn: Chris McCormack CPA, MBA Check out Better Books webpage: https://betterbooksaccounting.co/ Be sure to GIVE a five star rating and review!

Matt is a financial entrepreneur along with the CMO at Shareholder of Life, Inc., and founder of SureLI Insurance. After selling his financial planning company after 15 years, Matt founded a new company and merged with another to help those seeking Financial Independence. Matt is a 401(k) expert who can educate a community of entrepreneurs on navigating the retirement plan world and learning which plan is best for their business. Matt is also very knowledgeable in the Financial Independence (FI/FIRE) movement and would love to educate your community on how to reach FI. Listen to this informative Grow Your Business and Grow Your Wealth podcast episode with Matt Ruttenberg. Here are some of the beneficial topics covered on this week's show: Why should small businesses offer a 401(k)? Common mistakes business owners make, including prototype plans. Staying current on the changes to the 401 (k) retirement plan. Consider not integrating your 401 (k) with a payroll provider. Why you should not miss IRS deadlines.  Connect with Matthew Ruttenberg: Website: https://linktr.ee/mattruttenberg Twitter:  https://twitter.com/matt_ruttenberg Instagram: https://www.instagram.com/matt_ruttenberg/ LinkedIn: https://www.linkedin.com/in/mattruttenberg/ Connect with Gary: Website: sbadvisors.cc/ Facebook: facebook.com/SmallBusinessAdvisors LinkedIn: linkedin.com/in/gary-d-heldt-jr-388a051/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Ruttenberg is a Financial Entrepreneur, CMO & Shareholder of Life, Inc. and founder of SureLI Insurance, an independent, digital insurance site that specializes in providing Life Insurance to those pursuing Financial Independence. On this episode of CFO at Home, Matt and Vince discuss the differences between Term and Permanent Life Insurance, factors to consider when determining how much Life Insurance you need, and more. Key Takeaways Term Life Insurance - Renting somebody else's deeper pockets until you can fill your own (reach financial independence) Younger people can often only afford term insurance due to other financial priorities Pricing based on the probability that policy holders die during the term of the policy; statistically most policyholders do not die during the policy term, which keeps prices low Permanent Life Insurance - Lifetime insurance as long as you continue to pay the Premiums and the health of the policy maintains Pricing is based on when you die, which makes it more expensive than Term  Choice between Term and Permanent determined by specific goals, stage of life, etc. Employer provided Insurance is typically only available as long as you're with that employer The amount of insurance you need is dependent on a host of personal factors such as: In the event of your death while covered: Do you want your spouse to have to get a second job? Do you want your family to perhaps have to move based on cost of living? Do you want your family to maintain their current lifestyle? The monetary value of a parent's contribution to domestic responsibilities (Childcare, etc) needs to be factored in to the amount of insurance needed as well  Resources https://sureli.co/ https://sureli.co/get-a-quote/ Ways to connect/follow Matt_Ruttenberg-LinkedIn Matt_Ruttenberg-Instagram Matt_Ruttenberg-TikTok Matt_Ruttenberg-FaceBook Matt_Ruttenberg-Twitter Contact the Host - vince@thecfoathome.com

In this episode your host, David Weaver, talks with entrepreneur Matt Ruttenberg, CMO, Director of Business Development with Life, Inc. Retirement Services + Founder of SureLI Insurance.   Life, Inc. Retirement Services that helps business owners find the right retirement plan for their business. Whether a 'solo-prenuer' or the employer of 50+ employees, finding the right TYPE of 401(k) plan is key. Life, Inc. offers easy, custom, affordable 401(k) plan options to help take your business to the next step.   Life, Inc. process is simple:  1) Find the right plan. 2) Enroll you & your employees.  3) Ongoing service and planning.   During this episode Matt & David discuss Matt's journey into the role he's in today, what challenges he had to overcome & what it is like running multiple businesses, while providing insight on how business owners can take control of their retirement plans & find what works best for their specific business.   To learn more about Matt Ruttenberg & Life, Inc. Retirement Services click HERE: https://lifeincrs.com/ Or check out their online tool that helps business owners narrow down their retirement options, click HERE: https://lifeincrs.com/evaluator/ If you'd like to be a guest on Sacrifice to Success, click HERE: https://lnkd.in/dUj-4bEV To learn more about how I serve business owners, visit: davidweavercoach.com

In this episode Matt and Brandon talk about a ROBS 401k and how you can use it to fund your business. This could be to start up your business and provide cash flow vs. having to raise money from investors. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. Get Matt's help to set up or expand your company's 401k plan to start saving tax free here.https://lifeincrs.com/edge-podcast/ SIGN UP FOR THE EDGE NEWSLETTEROver 17,200 listeners and countinghttps://www.brandoncwhite.com/subscribe/ EPISODE LINKS: Get FREE information about setting up your 401k plan https://lifeincrs.com/edge-podcast/ RESOURCE LINKS: How to Write a Business Plan in 13 easy to Build Slides. Free 30+ page ebook https://www.buildabusiness.io/guide-to-building-the-perfect-business-plan1600276207655 EDGE PODCAST INFO: Apple Podcasts https://podcasts.apple.com/us/podcast/edge/id1522407349 Spotify https://open.spotify.com/show/7a3WcnSn9PlvwwF5hn4p4S YouTube Channel https://www.youtube.com/channel/UCabV9Rcw4MohWvTGr3OTzFw Website https://MyEDGEPodcast.com RSS Feed https://buildabusinesssuccesssecrets.libsyn.com/rss SUPPORT & CONNECT SIGN UP FOR OUR NEWSLETTER HERE! Over 17,200 listeners and countinghttps://www.brandoncwhite.com/subscribe Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here https://madriverbotanicals.com/?ref=18 EDGE Podcast. A top podcast for entrepreneurs! https://myedgepodcast.com

All about 401k cash balance plans and how they allow you to save more money than you've been told in your 401k's. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up or expand your company's 401k plan to start saving tax free here. https://lifeincrs.com/edge-podcast/ SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting https://www.brandoncwhite.com/subscribe/ EPISODE LINKS: Get FREE information about setting up your 401k plan here >>> https://lifeincrs.com/edge-podcast/ HELPFUL LINKS: How to Write a Business Plan in 13 easy to Build Slides https://brandoncwhite.com/how-to-write-a-business-plan/ PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts https://podcasts.apple.com/us/podcast/edge/id1522407349 Spotify: EDGE on Spotify  https://open.spotify.com/show/7a3WcnSn9PlvwwF5hn4p4S YouTube Channel: EDGE on YouTube https://www.youtube.com/channel/UCabV9Rcw4MohWvTGr3OTzFw Website: EDGE Podcast https://MyEDGEPodcast.com RSS Feed: EDGE's RSS Feed https://buildabusinesssuccesssecrets.libsyn.com/rss SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,200 listeners and sign up to receive bonus content. It's free.  Sign up here >>> https://www.brandoncwhite.com/subscribe/ Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> https://madriverbotanicals.com/?ref=18 EDGE Podcast. A top podcast for entrepreneurs! https://myedgepodcast.com

We're talking with Matt Ruttenberg about how and why you need to have a fully funded retirement plan if you ever want to become financially free from your business. Learn a little-known secret and it all has to deal with how you use your retirement plan. This is an episode you're not going to want to skip.

Beleive it or not you're kids can contribute to your 401k Plan. We talk about how to do it and how much extra you can save in your 401k. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>> SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get more information about setting up your 401k plan here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

Learn why you need to benchmark your 401k plan for your business and how it can help you save more money. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>> SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get more information about setting up your 401k plan here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

This episode is specifically for people who own US government contracting businesses. 401k plans for contractors need to follow different rules and regulations, we lay it all out for you in this episode. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>> SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get more information about setting up your company's 401k plan here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

Matt and I lay out all the benefits to having a 401k plan for your Company and how you can save a lot more than you think as a business owner. Learn how  About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>> SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get your company's 401k plan set up today >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

We discuss what Double Dipping means and how you can use it to save more money in your company's 401k plan for yourself as a business owner. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>>   SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get your company's 401k plan set up today >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

Matt Ruttenberg joins the podcast today to discuss 401K plans, how attorneys can save for retirement using pre-tax dollars and create incentives for law firm employees to stay on board. Matt is the CMO and Director of Business Development for Life, Inc retirement services. Visit Life, Inc. online at https://401k.expert/, or you can follow them on Facebook at https://www.facebook.com/LifeIncRetirement/, or Twitter at https://twitter.com/Life_Inc_Retire. See all episodes or subscribe to the Personal Injury Marketing Minute here: https://optimizemyfirm.com/podcasts/. Transcript: Lindsey:               Welcome to the Personal Injury Marketing Minute, where we quickly cover the hot topics in the legal marketing world. I'm your host, Lindsey Busfield. As the owner of a successful law firm, you want to be wise in how you invest. This means making informed decisions on how you invest in your company, as well as in your retirement. As you seek out the best ways to fund your retirement, there are seemingly infinite complex 401(k) and IRA plans. So how do you decide which plan is right for you, your employees and your firm? Matt Ruttenberg is here to discuss just that. Matt is the CMO and Director of Business Development for Life, Inc. Retirement Services. Thank you for joining us. Matt:                     Hey, Lindsey. Thanks. Thanks for having me. How do you choose the right retirement plan for a law firm? Lindsey:               Well, ultimately, what we want to understand is how do you choose the right retirement plan for your law firm? Where do you start with that? Matt:                     Yeah. Yeah, so the retirement plan world is so vast. There's probably dozen different options to choose from depending on your income level, what your goals are. To narrow it down every time we have our first conversation with people, we ask them two questions. The first one is basically trying to narrow it down to at least three, maybe four options out of those dozen or so. Then the final question gets it down to one, maybe two, and then we choose from there. The first question is really broad and simple. It's, "What is your goal?" Why are you having this conversation with somebody? Is your number one goal to, or let me rephrase that, "What is your priority?" Why do you need the plan? What are you looking for? Is it to recruit and retain high quality employees or is it to stockpile for your own retirement, maybe save money on taxes or is it all of it? Because there's certain plans that check off every box they need and some of them are narrowed down to one answer or the other. Really once you get that first question, we'll bring it down to maybe two, three plans. Then the final question is, "How much do you really want to save?" How much are you as the business owner going to save? That comes down to, is it just a few hundred dollars per month because you just want to get something started or are you really trying to stockpile, like really, maybe catch up to retirement because you have not done that yet? You haven't done that to-date really started saving because you're putting all your money and all your funds back into the business, which a lot of business owners do, which is a huge investment, which is great. But then really it's getting down to, "Are we diversifying?" Let's figure this out and go from there." Lindsey:               Right and those are two hugely different priorities because a 401(k) can be a great tool to incentivize and attract new employees and especially in today's market where you need to be able to offer something above and beyond what they're getting somewhere else if you really want to be attracting and retaining the right people. As we all know, a successful law firm is more than just the lawyer itself or themselves and it takes your entire village to keep your law firm running and growing and going the directions that you want and a 401(k) plan that is set up to benefit your employ...

We discuss how to implement advanced profit sharing techniques for your company's 401k plan that will allow you to save a lot of money. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>>   SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get your company's 401k plan set up today >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

108: In WTF is Financial Independence Anyway, Matt Ruttenberg, founder of SureLI Insurance, joins host William Glass to discuss financial independence and how to achieve this mythic state as an entrepreneur. Matt became frustrated after only spending 7-hours with his kid and realizing that his work was impeding his ability to be happy. Matt shares how he mapped out financial independence and a way for him to take his knowledge in the financial services industry and translate that into a business that would support a more flexible lifestyle. Follow the Silicon Alley podcast wherever you listen to podcasts. __ Visit SiliconAlleyPodcast.com to become a guest and sign-up for the newsletter. Follow on: - Instagram: http://bit.ly/SIliconAlleyIG - LinkedIn: http://bit.ly/SiliconAlleyLI - YouTube: http://bit.ly/SiliconAlleyYouTube Our Sponsors: Ostrich helps you go from being one of the 92% of people who fail to achieve their financial goals to one of the few who does. 80% of Ostrich members are on track to achieve thief financial goals. Sign up for free at https://www.getostrich.com About Matt Ruttenberg: Matt is a Financial Entrepreneur, founder of SureLI Insurance, CMO and shareholder of Life, Inc. Retirement Services and 401k expert. He sold his financial planning practice of 15 years and now has dedicated his new ventures to the Financially Independent community helping entrepreneurs reach FIRE faster. LinkedIn: https://www.linkedin.com/in/mattruttenberg/ Silicon Alley is a Financial Glass Production --- Send in a voice message: https://anchor.fm/silicon-alley/message Support this podcast: https://anchor.fm/silicon-alley/support

Learn about the Mega Backdoor 401k, how to implement them in your company and save big...tax free. About 401k Expert Matt Ruttenberg Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. Get Matt's help to set up your company's 401k plan to start saving tax free here >>> SIGN UP FOR OUR NEWSLETTER HERE!Over 17,200 listeners and counting EPISODE LINKS: Get your company's Mega Backdoor Roth 401k plan set up today >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: A top podcast for entrepreneurs!

Creating the right retirement plan for your business income can save you thousands of dollars in taxes. But between LLCs, IRAs, SEP IRAs, Solo 401(k)s, and more, it's a confusing acronym jungle out there. To help cut through the clutter, Matt Ruttenberg stopped by and schools us on how to choose the right plan for you and the key differences between them. Important Links: Matt's site  Retirement plans for solopreneurs  Retirement plan evaluator tool  Matt on LinkedIn Matt on TikTok 

We talk about why control groups are important to understand when you are setting up your company's 401k plan and how to set up your 401k plan correctly. Matt Ruttenberg is a third generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> *We respect your privacy and hate spam. We will not sell your information to others.

Matt and I talk about what is a HCE and how they can effect your 401k plan for your company. EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> *We respect your privacy and hate spam. We will not sell your information to others.

In Part 1 of our 401k Series Matt lays out all the important retirement plan deadlines so you don't miss the opportunity to maximize your retirement savings from your company. EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed Website: EDGE Podcast SUPPORT & CONNECT EDGE's Weekly NewsletterJoin over 17,000 others and sign up to receive bonus content. It's free sign up here >>> Please Support this Podcast by checking out our Sponsors: Mad River Botanicals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>>

On this episode Mike Jesowshek, CPA does a full business retirement plan Q&A with Matt Ruttenberg from Life Inc Retirement Services.Get in contact with Matt Ruttenberg or find previous episodes here: https://www.taxsavingspodcast.com/blog/business-retirement-plan-q-a-sessionJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/business-retirement-plan-q-a-sessionJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/o/incsight/sale-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com

On today's episode, Matt Ruttenberg talks about F.I.R.E. - Financial Independence Retire Early, a fast growing community of financial like minded people.Matt discusses ways to create financial independence and how to spend your money intentionally.  We also talk about:Covering your expense through your assetsWhy keeping up with the Joneses is such a toxic mindsetHow passive income can set you up for early retirementUsing a bucket mindset strategy to plan for early retirementHe also explains the 4% rule or 25x rule to determine what is needed for your financial freedom and plants the seed to consider building a sellable business rather than just a lifelong business.Matt offers up some additional resources to further your research to gain financial independence such as mrmoneymustach.com and the book Simple Path to Wealth.Connect with Matt:  Fire Friendly Life Insurance http://sureli.co/Instagram:  https://www.instagram.com/matt_ruttenbergConnect with Shanenn at Top Self:Website:  https://www.yourtopself.com/Instagram:  https://www.instagram.com/yourtopselfFacebook:  https://www.facebook.com/yourtopself/Facebook Group for Jealousy Junkies:  http://www.Facebook.com/groups/jealousyjunkieSupport the show

Being a photographer is fun and creative, right?  But when you are your own boss AND have your own business you might not think about things like....retirement. That's not quite as fun and creative, right? Whether you know a little or a lot about starting a 401k, Matt Ruttenberg with https://lifeincrs.com/ is sharing with you what you need to know about saving as a small business owner. On the show today, we break down things like: 1) Knowing the basics of 401k options 2) Narrowing down your options with 2 simple questions 3) Reasons behind starting a retirement plan for you business. If you've been putting off saving, this is an episode you don't want to miss!   LINKS: https://cozyclicks.lpages.co/courses/ Learn more from Matt! Our Evaluator will point you in the right direction on which is the best plan: https://www.lifeincrs.com/evaluator      

Matt Ruttenberg is a financial entrepreneur and 401k expert. His company builds custom 401k plans for entrepreneurs and small businesses of all sizes. He's the CMO and shareholder of Life, Inc. Retirement Services and founder of SureLI Insurance. https://sureli.co/ tiktok.com/@mruttenberg

The 401k world is vast and difficult to navigate. Educating yourself is the key. Most financial advisors and CPAs aren't knowledgeable in the 401k space because it's such a deep dive into a very specific side of the financial industry.Most of what people hear or see is just scraping the service from what's available in the 401k space. There are strategies and plan types that allow you to save upwards of 300k pre-tax and save 6 digits in taxes.Through this episode, Matt Ruttenberg wants people to think outside of the box. He wants people to learn ways to reach financial independence faster, and find ways to save that most don't know about. In this episode, he is explaining what's available and how to choose the best option.To learn more from Matt, you can visit his website, here. Do you have a story on business development, real estate investing, or other wealth-increasing tips?  Please request to be a guest on the Wealth Watchers Podcast by clicking HERETo find out more about what the hosts, Adam Lendi and Justin Hoggatt, check out: happycampercapital.comFollow on Facebook @WealthWatchersCommunity or @HappyCamperCapitalSupport the show (https://www.buymeacoffee.com/wealthwatchers)

In this episode, Jeff chats with Matt Ruttenberg of Life Inc. Retirement Services, who shares some eye-opening insights about tax deferred investment plans for self employed individuals, as well as real estate investors who also work a 9 to 5 "day job". Topics:The difference between an IRA and a 401kHow to create a self-directed IRAHow to create a self-directed 401kThe maximum contribution limits of IRAs and 401ksHow to increase your retirement contribution limitsHow to invest in real estate inside a self-directed IRA or 401kLinks:Matt's blog post on 401k Plans for Real Estate InvestorsLife IncorporatedRetirement Plan Evaluator - Learn which retirement plan is best for your business.Contact Info:Matt Ruttenberg Chief Marketing OfficerDirector of Participant EducationLife, Inc. Retirement Services614-396-7652 | 239-989-3808matt.ruttenberg@lifeincrs.com 401k.expert 100 E. Campus View Blvd, Ste # 250Columbus, OH 43235

Matt Ruttenberg is the founder of SureLI Insurance, CMO of Life, Inc. and a Financial Entrepreneur.  In this episode, Matt and Maria discuss Matt's journey to where he is now, what it's like living in an RV, how he ventured into entrepreneurship and what it means to plan and take risks.  Find Matt online here at these sites and check out his tips for your financial journey on TikTok:  https://lifeincrs.com/ https://sureli.co/ https://www.tiktok.com/@matt_ruttenberg Find everything Successfully Chaotic on my website: www.successfullychaotic.com    

Matt explains how business owners can maximize their 401k options for themselves and their employees. Matt is a 3rd generation financial entrepreneur, 401k expert, and CMO and Shareholder of Life, Inc. Retirement Services. He was awarded the NAPA Young Gun Top 50 under 40 in the country in the retirement plan space and educates entrepreneurs about how to navigate the 401k world and maximize their contributions and tax savings. -------------------------------------- Sign up here for the EDGE's Weekly Newsletter and get BONUS material. It's FREE! -------------------------------------- Please Support this Podcast by checking out our Sponsors: Mad River Botanticals 100% certified organic CBD products. The product is controlled from seed to end product by it's owners. Use code: EDGE22 to get 10% off all your orders. Shop here>>> EPISODE LINKS: Matt's 401 k Site Matt on TikTok PODCAST INFO: Apple Podcasts: EDGE on Apple Podcasts  Spotify: EDGE on Spotify  RSS Feed: EDGE's RSS Feed SUPPORT & CONNECT Sign up for the EDGE's Weekly Newsletter and get all the BONUS material. It's FREE! EDGE Weekly Newsletter >>> Twitter: Follow Brandon on Twitter Instagram: Follow Brandon on Instagram LinkedIn: Follow Brandon on LinkedIn *We respect your privacy and hate spam. We will not sell your information to others.

Summary: For small business owners, it's crucial to know what you need to do in order to max out your 401k plan and make the most of it. Here to talk about this is Matt Ruttenberg, and he discusses different 401k options based on how many employees you have, whether you own multiple businesses or not, and other factors that determine how to take advantage of this. Listen in for insightful advice on how to benefit the most from your 401k. Highlights: -How does a small business person max out their 401k and make the most of it? -A big priority is fairness to employees, and there are many regulations that have to be followed -A self-directed 401k is great for solo entrepreneurs without employees; you're in full charge of your investment portfolio -Employers and employees can contribute -It's important to go with the safe-harbor 401k -If you don't choose a safe-harbor 401k; it will be a traditional 401k, and you cannot max it out -You can decipher where people cap out to take full advantage of profit -If you have multiple companies, there are other options that allow you to maximize 401k Useful Links: Financial Survival Network Life, Inc.

On this episode Mike Jesowshek, CPA bring Matt Ruttenberg from Life Inc Retirement Services on to discuss retirement options available for business owners in 2022.1) What Is The Goal of A Business Retirement Plan?2) What Retirement Options Are Available On The Personal Side?3) What Retirement Plan Options Are Best For Businesses With No Outside Employees? 4) What Retirement Plan Options Are Best For Businesses With Employees?5) What Advanced Retirement Planning Options Are Available?LINKS FROM THE SHOWShow Blog: https://www.taxsavingspodcast.com/blog/what-retirement-plan-options-are-available-for-my-business-in-2022Sign-Up for the Small Business Tax Savings Summit: https://www.taxsavingspodcast.com/summitJoin Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax  --------Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings PodcastArticle: https://www.taxsavingspodcast.com/blog/what-retirement-plan-options-are-available-for-my-business-in-2022Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/taxIncSight Packages: https://incsight.net/pricing/Book an Initial Consultation: https://app.simplymeet.me/mjesowshek-------Podcast Website: https://www.TaxSavingsPodcast.comFacebook Group: https://www.facebook.com/groups/taxsavings/--------To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.comIntroduction to the Small Business Tax Savings Podcast Outro for the Small Business Tax Savings Podcast

On this episode Mike Jesowshek, CPA has special guest Matt Ruttenberg on from Life Inc Retirement Services to discuss what you need to know about retirement plan deadlines. 1) Retirement Plan Deadlines For Companies w/ No Non-Owner Employees 2) Retirement Plan Deadlines For Companies w/ Employees 3) What Else Should I Know? 4) Join Our Tax Minimization Program: https://www.taxsavingspodcast.com/tax 5) Download Our Free Ultimate List of Business Deductions: https://www.taxsavingspodcast.com/deductions 6) By the way, if you are still pondering which retirement plan is right or you need help setting one up, we work directly with Life, Inc Retirement Services. Email us for an introduction or visit this page: https://lifeincrs.com/jetro/ -------- Podcast Host: Mike Jesowshek, CPA - Founder of JETRO (www.JETROtax.com) Article: https://www.jetrotax.com/what-do-i-need-to-know-about-retirement-plan-deadlines/ FREE Bookkeeping Training Program Sign-Up: https://www.taxsavingspodcast.com/offers/BxrnWMYN/checkout JETRO Packages: https://www.jetrotax.com/packages/ Book an Initial Consultation: https://harmonizely.com/mjesowshek -------- Podcast Website: https://www.TaxSavingsPodcast.com Facebook Group: https://www.facebook.com/groups/taxsavings/ -------- To find out more on this topic and many others visit our website at www.JETROtax.com. You can also give us a call at 844-327-9272 or send your questions to us at: Sales@JETROtax.com