Evon Mendrin
speaker
181 appearances
1 recordings
1 series
first heard Sep 2025
last heard 25 Sep
Evon Mendrin’s voice in public audio — every appearance, attributed to the second.
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Appearances
And there's that tension there to keep it lower for certain tax planning reasons, but also to potentially increase it for other retirement planning reasons.
And you want to make sure you're not...
holding on too hard or too strongly to an artificially low wage when it doesn't make sense to you.
But I'm really glad you brought that or you're able to shed more light on that.
I think that's really important.
And so the age, it seems is really important.
The wage is really important because it's limited to that 25% of wages.
The
Though in hearing you talk about the targeting, trying to target maybe a younger employee, it does sound like even if the owner isn't substantially older than the average of the other employees, it does still seem like the math can favor that owner in a new compatibility.
Yeah, absolutely.
Do you see, or do you have general guidelines to say like,
if you're not X amount of years older than the average, you know, like what, do you have anything to add to just sort of how young the owner can be to where it's still often makes sense or doesn't make sense?
Or is it just based on each individual demographic?
Gotcha.
Okay.
That makes sense.
That definitely makes sense.
And short of firing all employees and only hiring employees that are much younger than you, it really just depends on the demographics of every practice individually and strategic planning on the wages to see what's possible and how we can make the most use of that 401k plan.
depending on the goals of the owner.
And you mentioned something, I wanna get into this.
Showing 101–120 of 181 · page 6 of 10
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