Retirement Plans For Self-Employed People - PowerPoint PPT Presentation
Title:
Retirement Plans For Self-Employed People
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Self-employed individuals can choose from various retirement plans like SEP-IRAs, Solo 401(k)s, or SIMPLE IRAs. SEP-IRAs allow contributions up to 25% of net earnings, Solo 401(k)s permit higher contributions and loan options, while SIMPLE IRAs offer easier administration with employer contributions. Each plan offers tax advantages and flexibility tailored to different income levels and retirement goals. To know more visit here – PowerPoint PPT presentation
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Title: Retirement Plans For Self-Employed People
1
Retirement Plans For Self-Employed People
Self-employed people have several retirement plan
choices to choose from, each with its features,
contribution limits, and tax advantages. By
choosing the right retirement plan based on
individual events, self- employed individuals can
maximize retirement savings and create a secure
financial future. Consult with a professionals
offering retirement planning services in Fort
Worth TX to determine the most suitable
retirement plan for your needs and goals. Here
are different retirement plans for self-employed
people- Solo 401(k) (Individual 401(k)) SEP IRA
(Simplified Employee Pension IRA) SIMPLE IRA
(Savings Incentive Match Plan for Employees IRA)
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