Friday, 19 April 2024

Tag : SIMPLE IRA

03 Sep
3:08

The 7 Best Online Brokers for September 2021

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 […]

17 Dec
1:22

What is a SEP IRA?

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. […]

12 Dec
11:39

702(j) “Retirement Plans”: What You Should Know

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 […]