Anyhow, as is the theme of this blog- I wasn't able to plan for everything that came my way last month, but I'm none the poorer for it, so silver lining?
As I've thrust myself into the world of trying to insure myself and my family against catastrophe, and save for the future, I've started to realize that an army of freelancers that need a framework for making important financial decisions. The new freelancer throwdown series provides that framework. And hopefully, in short order I can sell my research to someone else who will pay me money for this info. Everybody wins!
Today's topic: Retirement Accounts
If you're self employed, and you want to invest money in a tax advantaged retirement account, then you need to choose the right tax advantaged vehicle. By right, I mean the account that will allow you to avoid the greatest amount of taxes. Should you choose a Solo 401(k) or a SEP-IRA? Find the right answer, for you.