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Self-Employment On the Rise–What About Retirement Planning?
Things are different for the self employed when it comes to retirement planning. There’s typically no employer-provided pension arrangement, no employer contributions to IRAs, and so on, and on top of that, the double payment of Social Security taxes places an extra burden on those who go it alone in the labor market. But effective retirement planning can still be accomplished, as outlined in this video-based post by the KARE 11 Staff. Check it out here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
