Which is best for self-employed with no other employees?
Greetings, Drphone, and welcome. You asked:<<Which is best for self-employed with no other employees?>>"Best" is in the eyes of the beholder. In terms of the size of possible tax-deferred contributions for you, the Keogh is better. In terms of setting one up and administering the plan, the SEP is better. You can get a quick overview of both in my Foolish Retirement Plan Primer at http://www.fool.com/Retirement/Retirement.htm.Regards..Pixy
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |