Self-employed and need to save for retirement? Here’s a potential answer for you.
There are plenty of retirement plans out there. But knowing the differences can can help you choose the plan that best suits your retirment needs.
A spousal IRA is a great way to protect your spouse if he or she makes little to no income. And it works in a similar fashion to a traditional IRA.
Originally posted on Wealthy Retirement
The consistent payouts may be worth it to you.
A 403(b) plan is available to certain public-sector employees and tax-exempt organizations. It works in a similar fashion to a 401(k) plan.
Fixed income annuities offer a low-risk opportunity to guarantee income. But there are pitfalls to be on the lookout for before signing a contract.
You should be saving for retirement no matter if you…
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Defined benefit plans come with a lot less risk than other retirement plans. But it’s still vital to know the details in order to make the most of them.