1099 CRNA Case Study: Solo 401(k) + Mega-Backdoor Contributions

Are you a CRNA looking to supercharge your financial future? 🚀 Join us in this eye-opening episode as we unravel smart tax strategies specifically for CRNAs. Learn how a Solo 401(k) and Mega-Backdoor Roth IRA can massively boost your savings. We dissect a real-world case study, compare traditional vs. creative financial paths, and delve into the wonders of compound interest.

💸 Whether you're new to 1099 work or a seasoned pro, this episode is packed with invaluable insights. Don't miss out on learning how to make your money work smarter, not harder. Like, subscribe, and share for more financial wisdom. Visit www.onpointcrna.com for deeper dives into CRNA financial health!

Full Blog Post: www.onpointcrna.com

#CRNAFinance #TaxPlanning #Solo401k #MegaBackdoorRothIRA #FinancialFreedom #CRNA #CRNALife #crna

Time Stamps:
0:00 Introduction
0:25 Case Study
0:47 Bob's Savings
1:09 Cathy's Savings
1:37 Future Value Calculation
1:55 Future Tax Liability Calculation
2:31 What's a Solo 401(k)
3:09 403(b) Aggregation Rule
3:31 Pros & Cons

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