r/personalfinance

Owner-operators on paying themselves, retirement, and mixing personal and business money.

• Posted by u/solo_llc_owner

  Business owner, what retirement account should I open?

  S-corp, one employee (me), $130k salary. Have not opened any retirement account. Feel dumb.

• Posted by u/commingling_shame

  I keep mixing business and personal money. How do I stop?

  I know I should not. I do it anyway. Truck gas, phone bill, once a business dinner ended up on personal card. Help.

• Posted by u/safety_net_question

  How much emergency fund does a business owner need?

  W-2 people say 3 to 6 months. What is the answer for a business owner?

• Posted by u/debt_or_index

  Pay off business debt or invest the cash?

  $80k SBA at 9.5%. Also have $80k sitting. Pay off or invest in market?

• Posted by u/sick_of_marketplace

  Self-employed health insurance, what should I do?

  Family of 4, self-employed, health insurance is killing me. Any better options?

• Posted by u/confused_by_the_split

  How do I pay myself as an S-corp owner?

  S-corp, profit $220k. How much salary vs distribution?

• Posted by u/retirement_planning_finally

  SEP IRA or Solo 401(k) for a small business owner?

  Just starting to save for retirement. Which is better?

• Posted by u/self_employed_house_hunter

  How much house can a business owner actually afford?

  W-2 rules say 28% of gross. Does the same apply to self-employed?

• Posted by u/one_bank_account_disaster

  How do I stop mixing personal and business money?

  Everything runs through one checking account. Accountant is losing his mind. Where do I start?

• Posted by u/surprise_tax_bill_hurt

  How much do I set aside for quarterly taxes?

  Got hit with $18k in taxes I did not save for. How do I not do this again?