What Retirement Plan Is For Self Employed?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaThere are several options for the self employed person: qualified and non qualified retirement plans. Qualified retirement plans can include traditional IRAs, SEP IRAs or Roth IRAs. If Roth has an appeal to you, then consider non qualified cash value life insurance as an alternative, especially if your young, healthy and need more flexibility in your retirement funding approach.Answered on July 14, 2013+01+1 this answer
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14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482It is best to talk with your financial advisor and tax professional about solutions to your particular needs and situation. There are several options, though, that having been said. Some of those include a traditional IRA or a SEP IRA. A Roth IRA may also be an option for you. Talk about htese and any other qualified or non qualified ideas with your trusted advisors.Answered on December 31, 2014flag this answer
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