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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
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Any insight on Fragomen?
Additional Posts in Angel Investor
Does anyone happen to be in or know anyone who is in the RUV alliance Angel Investment syndicate? https://ruvalliance.com/
We’re looking for angels who are familiar with investing through RUVs (a special purpose vehicle on Angellist) and specifically think the RUV Alliance could bring a lot of value.
#startup #angelinvesting #investing #angels
Hey everyone! My team and I just launched our Kickstarter page for our company called Skape. We are an on-demand landscaping and snowplowing app to be used by both homeowners and landscapers. Below is a link to our Kickstarter page.
Any support whether a pledge or sharing our page with family and friends would mean the world to us! Thank you in advance! ALSO IF ANYONE HAS ANY CONNECTIONS TO VC’S/ANGEL INVESTORS THAT WOULD BE INTERESTED IN US PLEASE MESSAGE ME.
https://www.kickstarter.com/projects/skape/mobile-app-for-on-demand-landscaping-and-snowplowing?ref=cxzw41&token=77257e56&fbclid=PAAaYVitmjD3sSKFKTa9EkR6vNa2XEZXf4U_qDDaHXMheV_VtotF8xx1hBoJU

Do you invest in commodities?
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Hmm, this is new to me. How does it work?
ROBS basic setup
1) new C-Corp - single owner
2) 401K Plan for C-Corp
3) owner rolls over 401K (not Roth, nor IRA) into Plan
4) Plan buys shares of C-Corp
5) owner MUST remain active 1,000 hrs/yr which is about 20 hrs a week
From this point all regular rules apply including (5)
Common to use a Safe Harbor 401K to reduce audit overhead and avoid non-compliance if there are multiple employees.
Search IRS ROBS for a project identifying common tax problems.
Certainly this is not well suited for everyone nor for all situations. And there is additional guidance on aspects including what is considered active vs passive, such as the 1000 hr/yr minimum for the owner.