126: Retirement Accounts for Freelancers (And LLCs Too) with Elton Lalaj, CPA

A discussion about different types of retirement accounts for freelancers with CPA Elton Lalaj.   Topics: ⭐ IRA ⭐ SEP IRA ⭐ SIMPLE Plan ⭐ Defined Benefit Plan ⭐ Individual, Solo, or Uni-401k   The discussion continues discussing types of legal entities and if freelancers should take the step to incorporate.   Topics: ⭐ LLCs ⭐ Sole proprietorships ⭐ S-Corps and C-Corps ⭐ DBA - Doing Business As ⭐ Multi-Member versus Single-Member ⭐ K1 tax forms and pass through entities   The episode wraps up dispelling myths about: ⭐ Artists using accountants to file taxes. ⭐ What type of retirement accounts young artists should open.   Lalaj CPA Group: https://lalajcpagroup.com/   Elton on LinkedIn: https://www.linkedin.com/in/elton-lalaj-4049aa79/   Best Retirement Plans For Freelancers: https://www.forbes.com/advisor/retirement/retirement-plans-for-freelancers/   Retirement Plan Options For The Self Employeed: https://www.nerdwallet.com/article/investing/retirement-plans-self-employed   Types of LLCs: https://www.upcounsel.com/what-are-the-different-types-of-llc   Carl Faber - Episode 100: https://www.youtube.com/watch?v=FdZI-plB6aU&ab_channel=ArtisticFinance   Lap Chi Chu - SIMPLE IRA - Episode 90: https://www.youtube.com/watch?app=desktop&v=hKfIr1TEt7w&ab_channel=ArtisticFinance   ...   Become a patron at: www.patreon.com/artisticfinance   Interview by Ethan Steimel