When I was working in Corporate America, in addition to having a 401k retirement plan at work, I had the option of investing in a Traditional or Roth Investment Retirement Account, also referred to as an IRA. But when I was injured and became self employed subsequently, I was exposed to a brand new way to save for retirement through SEP IRA contributions. A SEP IRA is a particular type of Individual Retirement Account (IRA) that business owners and self employed individuals (freelancers included) are allowed to invest in for themselves and the employees of their business.
Últimas Noticias
Más populares
Retirement Is a 20th Century Concept – But It Can Still Be Done
Prior to the 20th century, the majority of people lived and worked on farms. With industrialization came urbanization and the specialization of labour. Companies...
Energy Investment and Renewable Energy Development
The e-Gen, Scotland wind energy developer has recently declared, the company is to invest 50m pounds to step-up the number of small-scale wind energy...
Benefits of Investing in Palladium
Historically, gold and silver have been the iconic symbols of precious metals. But now, when investors talk about the new, emerging trends, platinum and...
7 Tips for the First Time Home Buyer
Are you a first time home buyer looking to buy your first property? Here are 7 tips that will make it easier for you...
Things You Should Know About Online Brokerage Firms
Online brokerage firms have gained significant ground thanks to the growing interest in trading. With a market base that is predominantly European and Asian,...
What to Do When You Are Close to Retirement?
As your retirement is approaching, your financial life has to be in order if you want to enjoy in peace your senior years. There...
Stock Basics
Having been involved in the finance industry for so many years I sometimes forget that the stock basics are still a mystery to many...
Gold Prices – Where To?
For quite some time now, the price of gold has steadily been going up and, as per the predictions of many financial analysts, it...
Teaching Your Children About Money: From Piggy Banks To Big Budgets
It's never too early to teach your children about money and banks. Learn about four important lessons your child needs to learn to become...
Money and the Laws of Value
Many people are zealously pursuing money and yet miss several opportunities to make a lot of money just because they are ignorant of the...