Updated on Monday, November 29, 2021 SIMPLE (Savings Incentive Match Plan for Employees) IRAs are tax-advantaged retirement savings accounts that benefit small business owners and the people who work for them. In addition, you can use the SIMPLE IRA to save for retirement if you are self-employed. Like many other […]
Updated on Wednesday, September 1, 2021 The easiest way to start investing from home is through an online broker. A broker’s main job is to buy and sell stocks, bonds, exchange-traded funds (ETFs) and other securities that make up your portfolio. When choosing an online broker it’s important to consider […]
Kate Ashford iStock If you’re a freelancer or you run your own business, odds are you’ve heard about SEP IRAs, which are individual retirement accounts for self-employed individuals and small-businesses owners. A simplified employee pension (SEP) IRA gives you the ability to save for retirement while lowering your taxable income. […]
James F. Royal, Ph.D. If you’ve ever been pitched on a 702(j) retirement plan by a salesman, then you already know it’s not a retirement plan at all. A 702 plan is life insurance that’s commonly advertised as a retirement plan. The 702(j) retirement plan even mimics the lingo of […]
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