This blog contains some simple tips and advice from two regular guys. We're not accountants, financial advisors, or brokers, so follow, ignore, or discuss our ideas as you see fit.

Thursday, December 13, 2007

If I'm self-employed, am I still eligible to retire?

Posted by Matt

The answer is yes, but don't take my word for it as I'm NOT self-employed. I've heard the question from a few people, though, so I thought I would share a link out to another blogger who wrote on the topic of self-employed 401k's.

The 401k is obviously not your only sound retirement account option, but if your business is doing well enough, you may max out the contribution limits on other tax-advantaged account types (i.e., Roth IRAs).

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