Mastering Financial Growth: Matt Ruttenberg on Tax Strategies and Retirement Planning for Owners

Richard Walsh sits down with Matt Ruttenberg to explore financial strategies for business growth. Matt shares his background in finance and emphasizes aligning business relationships and a team approach, particularly in 401k administration and customizable retirement plans for owners. They discuss the difference between tax accounting and tax strategy, advocating for continuous tax strategy and building a professional team. The conversation includes financial education for business owners, vetting professionals, and long-term planning. Matt advises on starting investments with small amounts, building financial habits, and adapting to state mandates. They cover safe harbor, profit sharing, and tax savings, concluding with actionable advice for entrepreneurs.

Speakers

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Richard Walsh

Host • 48%

Matt Ruttenberg

Guest • 52%

Chapters

0:00	Introduction to Sharpen the Spear and importance of a coach
1:02	Guest introduction: Matt Ruttenberg
1:41	Matt Ruttenberg's background in finance
3:17	Aligning business relationships for growth
5:23	Team approach and 401k administration overview
7:38	Customizable retirement plans for owners
9:49	Tax accounting vs. tax strategy misconceptions
13:21	Continuous tax strategy and building a professional team
22:09	Understanding and utilizing tax strategy for growth
27:31	Financial education and tools for business owners
31:17	Vetting the right professional team
34:39	Long-term financial planning strategies
38:41	Starting to invest with small amounts
40:07	Building financial habits and custom investment strategies
46:03	State mandates and retirement plan adjustments
50:33	Safe harbor, profit sharing, and tax savings
53:09	Contacting Matt Ruttenberg
54:41	Employee costs and team communication
55:21	Closing actionable advice
56:16	Sponsor: [Sponsor Name]

Transcript

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