Saving for Retirement Without an Employer Plan: A Guide for the Self-Employed

Reported about 15 hours ago

Freelancers and self-employed individuals often lack access to employer-sponsored retirement plans, making it essential for them to independently establish retirement savings through options like IRAs and solo 401(k)s. As tax season approaches, it's crucial for these workers to consider making contributions to tax-advantaged accounts even while managing daily financial pressures. Experts emphasize the importance of prioritizing retirement savings despite competing financial demands, and suggest setting up automatic contributions to enhance financial discipline.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis