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376: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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Do I Need to Have an Asset Protection Entity?

The rothiray annual limit is six k. Is this? Is there an earn income limit to make this contribution? Or can anyone invest six k annually? Yes, you do have to have earned income. But if they make three thousand bucks, then they can put in three. You know, if they make ten, they can throw in six. It's just any amount of theirn income up to a total of six annually. A pretty recent but i liket like the question here. It gets into some business ennity structuring and how to do n some asset protection questions.

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