One-Participant 401(K) as a Tool for Farmers and Ranchers
Center for Ag Profitability Webinar
12:00 pm –
1:00 pm
Virtual Location:
Zoom - Register Here
Target Audiences:
Contact:
Center for Ag Profitability, cap@unl.edu
Description
With: Jessica Groskopf, Agricultural Economist and Extension Educator, UNL; Cory Walters, Professor, Agricultural Economics, UNL; and Doug Nelson, Certified Financial Planner, Adjunct Faculty (Child, Youth and Family Studies), UNL.
According to USDA, only 40% of farm households participate in some type of retirement account. For self-employed farmers and ranchers without full-time employees, the opportunity to invest in a One-Participant 401(k) plan is a way to (1) save money for retirement, (2) reduce taxable income, and (3) provide the potential option to borrow from the plan.
With: Jessica Groskopf, Agricultural Economist and Extension Educator, UNL; Cory Walters, Professor, Agricultural Economics, UNL; and Doug Nelson, Certified Financial Planner, Adjunct Faculty (Child, Youth and Family Studies), UNL.
According to USDA, only 40% of farm households participate in some type of retirement account. For self-employed farmers and ranchers without full-time employees, the opportunity to invest in a One-Participant 401(k) plan is a way to (1) save money for retirement, (2) reduce taxable income, and (3) provide the potential option to borrow from the plan.
https://unl.zoom.us/webinar/register/WN_qNfALnBTRuOaXesjZ1Bacg
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This event originated in Center for Agricultural Profitability.