5 Steps When Going From Employee to Contractor

Whether it is a step towards semi-retirement, or a change in your work-life balance, more and more people are considering shifting from being an employee to being an independent contractor. When considering this move, what steps are involved to get everything set up correctly? From taxes and insurance to retirement funding and business status, we're helping you with the transition on this episode of Wise Money.

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Kevin Korhorn, CFP® offers securities through Silver Oak Securities, Inc., Member FINRA/SIPC. Kevin offers advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. KFG Wealth Management, LLC dba Korhorn Financial Group and Silver Oak Securities, Inc. are not affiliated. Mike Bernard, CFP® and Joshua Gregory, CFP® offer advisory services through KFG Wealth Management, LLC dba Korhorn Financial Group. This information is for general financial education and is not intended to provide specific investment advice or recommendations. All investing and investment strategies involve risk, including the potential loss of principal. Asset allocation & diversification do not ensure a profit or prevent a loss in a declining market. Past performance is not a guarantee of future results.

Intro: (0:00)
Segment 1: (0:11)
Break 1: (10:26)
Segment 2: (11:46)
Break 2: (22:05)
Segment 3: (22:49)
Break 3: (33:07)
Segment 4 (34:02)
Outro: (44:25)