ProWealth LLC
Paul Habib is an Agent licensed to sell insurance through New York Life Insurance Company and may be licensed with various other independent unaffiliated insurance companies. Additionally, Paul Habib is a Financial Services Professional of and offers securities products & services through NYLIFE Securities LLC, (Member FINRA/SIPC), A Licensed Insurance Agency and a New York Life Company. Eagle Str
09/24/2021
π’π£ Business Owners π£π’
If you want to FUND a SIMPLE Plan for tax year 2021 it NEEDS
to be OPENED by 10/1/2020 β Employee will have until 12/31
to get their money in and the Employer will have until 4/15/2022
to get their match in
$13,500 β Contribution Limit - 2021
$16,500 β Catch-Up Limit for age 50 and over
If you want to FUND a SEP-IRA Plan for tax year 2021 it NEEDS
to be OPENED by 12/31/2020 β Employer will have until 4/15/2022
to make their contribution β NO employee contribution to a SEP
$58,000 β Max Contribution Amount - 2021
$290,000 β Max Compensation Considered
25% - Max contribution percentage allowed
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Address
201 Jones Road
Waltham, MA
02451