Bob Brinker's Marketimer

  Tuesday November 21, 2017

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IF YOU ARE SELF-EMPLOYED, YOU MAY BE ELIGIBLE FOR A KEOGH

A Keogh plan allows you to do many things. It allows you to save larger sums of money than you can under SEP-IRA and SIMPLE retirement plans while giving you some nice tax deductions. It also gives you control over your investment assets.

However, if your self-employed business uses other employees, you will have to include them in your Keogh plan, which could prove costly. To make the best decision as to how to invest for retirement, be sure to check out the other tutorials on IRAs, 401(k) plans, and pensions.

For more information about tax-deferred investing, be sure to see our other tutorials in this series. Click here to learn even more about this topic with the Encyclopedia of Personal Finance™




LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

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