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Subject:  Re: Self employed w/ no retirement plan Date:  2/2/2001  4:43 PM
Author:  matttuttle Number:  27649 of 88495

I would also add that you can do a money purchase plan to put away up to 25% of your salary and if you are old enough you can do a defined benefit plan. It all depends on how much you want to put away. Don't forget about your business as well. Many small business owners plan to use their business as part of their retirement plan, if you can build up the value over your working lifetime it can be a substantial asset in retirement. Make sure you protect it with proper entity selection and make sure your plan on how you want to dispose of it in retirement is consistent with your legal documents.

Matt Tuttle
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