Investment advice for the self-employed
My Money Blog has an insightful post about retirement savings plans for the self-employed. It looks at the differences between SEP-IRAs and self-employed 401(k)s.
One of the negatives of freelancing is that you have to establish and administer your own retirement plans. Thankfully my two years of brokerage and banking experience, coupled with reading The Motley Fool, has given me the knowledge to make informed decisions.
I’ve just been saving for retirement in a Roth IRA, but am thinking about opening a SEP-IRA as well.
Tags: Business, Freelancing, Motley Fool, Retirement, Self-employed 401(k), SEP-IRAs
A freelance writer, editor, and consultant, my work focuses on travel and culture. I've contributed to The Wall Street Journal, USA Today, Fox News, Air Canada's enRoute, BlackBook, AOL Travel, Gridskipper, Deadspin, and Budget Travel. I'm also the editor of Eater Louisville.
