Part 1:Tax Strategies For Business Owners To Build Generational Wealth W/Bill Beckett

Retirement planning isn't just about the distant future; it's a strategic move for present financial health. On my podcast, we discussed how business owners can utilize retirement savings vehicles, like 401(k)s and cash balance plans, to save for the future while also reaping tax benefits today. It's a dual-edged sword of immediate tax relief and future security. Each plan has its own merits, but the goal is the same: a comfortable retirement. “When you talk to people that own real estate, a lot of people say, 'You are setting your family up for success.'" What you will learn: Qualified Business Income Deduction (QBI) Real Estate Ownership Rental Income Benefits Generational Wealth and Business Ownership Learn more about Adam Olson by visiting the following links: Facebook Personal Website Business Website -- Investing involves risk, including loss of principal.    Be sure to understand the benefits and limitations of your available options and consider all factors prior to making any financial decisions.  Any strategies discussed may not be suitable for everyone.  Securities and advisory services offered through Mutual of Omaha Investor Services, Inc. Member FINRA/SIPC.  Adam Olson, Representative.  Mutual of Omaha Investor Services is not affiliated with any entity listed herein.  This podcast is for educational purposes only and may include references to concepts that have legal and/or tax implications. Mutual of Omaha Investor Services and its representatives do not offer legal or tax advice. The information presented is subject to change without notice and is not intended as an offer or solicitation with respect to the purchase or sale of any security or insurance product. Mutual of Omaha Investor Services and its various affiliates do not endorse or adopt comments posted by third parties.  Comments posted by third parties are their own and may not be representative or indicative of other's opinions, views, and experiences.