Tax Strategy In the NFL | Zach Miller | NFL Players' Podcast #12

Athlete Wealth Podcast

English - February 17, 2021 15:52 - 14 minutes - 12.9 MB - ★★★★★ - 8 ratings
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Previous Episode: Do You Have an Elite Wealth Strategy? | Zach Miller | NFL Players' Podcast

Next Episode: Navigating Free Agency | Zach Miller | NFL Players’ Podcast #13

As an NFL Player you are in the top tax bracket. Your biggest expense is income tax. The more income you can delay and defer to the future where your tax rates will be lower means more money in your future pocket.

In this episode, I explain some of the basic tax forms you will receive as an NFL player and discuss some of the advanced strategies to build generational wealth. These include

Individual 401(k) for endorsement incomeBackdoor Roth IRADonor Advised FundAsset LocationSafe Harbor Strategy

If you don’t feel like you are getting the best advice, give us a chance to discuss your personal tax strategy. I wish I would have searched out more second opinions when I was a player.

More resources at nflplayerspodcast.com/