UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: gosub33 10+ Year Anniversary! Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 77123  
Subject: 401k or IRA-SEP?? Date: 3/2/2000 1:54 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1

I have a question that seem very simple, but can't seem to find and answer to. Also, my account gave me some information, but I'm wondering if he understood what I was asking.

Currently I am employed as a contractor through a placement agency. However since my rates are very high (software engineer) I don't qualify for their 401k plan (they rate me in a special category - who knows). Now every year I open a IRA(Roth), but I wonder if their is a self-employed replacement for 401k. Last year my accountant had me open a IRA-SEP, but this year he said I can have either the traditional IRA or the IRA-SEP. Is this correct. Or is there a self employed 401k? (say the 403?).

If anyone knows the answer can you post a response or idea where I could look up the information myself.

Thanks in advance.

Jeb Seibel
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.