I am a self employee for my S Corp..was looking into 401k plans for saving some $
please advice
TIA
2006-11-27 08:01:18 · 3 answers · asked by ice9 1 in Business & Finance ➔ Personal Finance
Google is quite the useful tool.
Type in 401k self-employed and the information is limitless.
I am surprised that more people do not use this function to find info.
Check this link: explains some of the benefits that Solo 401k plans offer
https://www.bcmadvisors.com/retirement_plans/solo-401k.htm
2006-11-27 08:10:59 · answer #1 · answered by On the rocks 2 · 0⤊ 0⤋
You'll want to open a SEP IRA. That'll give you lots of flexibility and allow pretty good tax deductions with a higher limit than a 401K.
As another person mentioned, you might try typing in SEP IRA into a GOOGLE search.
If you have other questions, let me know. Good luck!
2006-11-27 08:31:36 · answer #2 · answered by Yada Yada Yada 7 · 0⤊ 0⤋
your local bank should help you with that
2006-11-27 08:04:50 · answer #3 · answered by cwb63ss 6 · 0⤊ 0⤋