The Many Types of Retirement Savings Accounts There are literally hundreds of different variations of retirement savings accounts available to U.S. citizens. It’s important to make a distinction between accounts that are set up and managed by individuals and accounts that are “employee-sponsored.” An entire body of law covers the…
Solo 401K Investment Option There’s a lot of good to be said for being self-employed. The ability to make your own money off your own blood, sweat and tears in America is priceless. However, there are work related benefits the self-employed miss out on. The list of these terrific benefits…
SEP IRA Investment Option For far too long, too many Americans have been living with the notion their Social Security benefits would support them in their twilight years. The truth is that’s not likely to happen, especially considering the way the government has mismanaged the SS program. It’s incumbent on all…
Simple IRA: A Retirement Savings Option for Employers Do you really want to tempt fate by not doing something to provide for your own retirement? It really is time to be realistic about Social Security. The likelihood it is going to stand the test of time as it currently operates…