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http://boards.fool.com/greetings-oofahshill-and-welcome-you-asked-i-14249889.aspx
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| Subject: Re: Self employed w/ no retirement plan | Date: 2/1/2001 4:36 PM | |
| Author: TMFPixy | Number: 27624 of 72254 | |
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Greetings, OOfahShill, and welcome. You asked: I recently became self employed (by choice) =) I need to start investing for the future. Where do I start. I dont think I want an annuity. Are there any other options for me besides an IRA or Roth IRA? As a Self-employed person, you may use a SEP, SIMPLE or Keogh plan. You will find a brief description of all three in my Foolish Retirement Plan Primer at http://www.fool.com/Retirement/RetirementPlanPrimer.htm. You should also download and read IRS Publication 560 (Retirement Plans for Small Business) available at http://www.irs.ustreas.gov/forms_pubs/pubs.html. You have more options than you think. Regard..Pixy |
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