Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
IRA options for the self-employed The self-employed can use an IRA to put away for retirement and boost their savings at tax time, according to this Motley Fool article. Employers can make contributions to a SEP-IRA for all their employees, while small employers who hire fewer than 100 workers may opt for a Simple IRA. Self-employed individuals also have the option to contribute to a traditional IRA and Roth IRA, although these accounts have lower contribution limits.
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