Espy Investment Club

Do you have your small business structured so that you as a business owner are able to take advantage of all the advantages of being a business owner?

The Solo 401(k) is highly beneficial for small business owners, especially those who are self-employed or run businesses with no full-time employees (other than a spouse). Here’s why

💰 1. Much Higher Contribution Limits
• You can contribute both as the employee and the employer, which allows you to save significantly more than most retirement plans.

⚖️ 2. Tax Flexibility

You can choose traditional (pre-tax) or Roth (after-tax) contributions:

🧾 3. Deductible Business Contributions

Employer contributions are tax-deductible as a business expense, lowering your taxable business income — which is a major tax benefit for small business owners.

🏦 5. Option to Borrow from Your Account

You can take a loan from your Solo 401(k) (up to 50% of your balance or $50,000, whichever is less).
This can provide access to funds without triggering taxes or penalties — as long as it’s repaid on time.

👩🏽‍💼 6. Great for Business Owners Without Employees

Because it’s designed for a solo entrepreneur or a married couple running a business, it’s easy to manage and has fewer reporting requirements until your account exceeds $250,000.

🌱 7. Builds Wealth and Retirement Security

For entrepreneurs who often skip retirement savings to reinvest in their businesses, the Solo 401(k) creates a structured, tax-advantaged way to build long-term wealth.

Dollar cost averaging is when you invest a fixed amount of money on a regular schedule—like $50 every month—no matter what the stock price is.

If you’ve got teenagers between 13-17, here’s something you’ll want to know! Fidelity has a Youth Account designed just for teens, where they can dive into the world of investing and learn the basics of saving.What’s even cooler? The account comes with interactive lessons, and teens can earn rewards for completing them right in the app! They can get started with as little as $1, and the best part—you can monitor their account activity and even send them money whenever needed.It’s a great way for them to start building smart money habits early!

Invest Today, Prosper Tomorrow now available on Amazon.

https://a.co/d/dp5F22E

I had an amazing conversation today with a group of high school seniors about building wealth! We talked about stocks, mutual funds, index funds, dividend strategies, dollar-cost averaging, budgeting, financial discipline, and so much more.

Invest Today, Prosper Tomorrow now available on Amazon.

https://a.co/d/dp5F22E

I had an amazing conversation today with a group of high school seniors about building wealth! We talked about stocks, mutual funds, index funds, dividend strategies, dollar-cost averaging, budgeting, financial discipline, and so much more.

I had an amazing conversation today with a group of high school seniors about building wealth! We talked about stocks, mutual funds, index funds, dividend strategies, dollar-cost averaging, budgeting, financial discipline, and so much more.

At just 1 year old, El’ Bebe already knows—wealth is his birthright! He deserves to inherit more than just shoes, clothes, and a pile of debt. Start building a legacy worth passing down today!! Invest Today, Prosper Tomorrow available now on Amazon. https://a.co/d/9RxIYSF

El’ Bebe has been reading Invest Today, Prosper Tomorrow so this future billionaire knows starting young is one of the biggest advantages when it comes to building wealth. For kids, today’s market is an excellent opportunity for long-term growth because they have time on their side. Join Bebe on his journey to generational wealth get your copy today. https://a.co/d/5KaTLgl