248 Simple Retirement Plan Advising (feat. Jason Ackerman, CPA)

Episode 248

FACULTY: Jason Ackerman, CPA aka J-Rabbit aka the Accounting High Lunch Lady

CLASS: #Shoperations

In this episode, Jason Ackerman, CPA, co-founder of WealthRabbit, discusses the importance of accountants providing advisory services and setting up retirement plans for clients. Ackerman explains the challenges and opportunities in offering simple IRAs, SEPs, and other retirement plans, and emphasizes the need for accountants to evolve from mere compliance work to value-driven services. The conversation delves into the development of WealthRabbit, the integration with payroll systems, and the importance of customer service in both accounting and software businesses.

📣 Shout Outs: Bernie Ackerman, BNA CPAs & Advisors, Gusto, Ron Baker, Fidelity, Guideline, Human Interest, ADP, Finch, Intuit, Paychex, OnPay

⬇️Videos Referenced⬇️

$6M Tax Firm, Building a CAS Practice, Implementing EOS, with NO Timesheets! | Jason Ackerman, CPA

(https://youtu.be/PkI8FW7lozU)

Chapters:

00:00 Introduction

00:35 Jason Ackerman's Career Update

02:01 Firm Updates and New Hires

04:05 Combining Wealth and Tax Services

06:17 Retirement Planning Advisory

18:37 Understanding Simple IRA Compliance

19:14 Revenue Sharing for Accountants

20:50 Setting Up Retirement Plans with WealthRabbit

21:37 Employee Engagement and Education

24:17 Managing Investments and Portfolios

27:52 WealthRabbit's Dashboard and Integrations

34:40 Customer Support and Service

37:27 Jason Graduates from Accounting High

🔗 Connect With Us On LinkedIn! 🔗

Jason Ackerman, CPA

📎 https://www.linkedin.com/in/jasonlackerman/

Scotty OKR Scarano

📎 https://www.linkedin.com/in/scottscarano/

Accounting High

📎 https://www.linkedin.com/company/accounting-high/

📎 https://www.accountinghigh.com/

Tags: Shoperations, Accounting High, Accounting, Podcast, Shop Class, Firm Operations, Systems And Processes, investing, wealth management, IRA, SEP, retirement planning