Retirement Plans For The Self Employed: Retirement Plans For The Self Employed And Small Business

LaneCh asked:

John Piper’s view of planning for retirement. In short, don’t waste your life.

It’s so refreshing to hear this advice coming from the same generation that feeds us this garbage about being anxious for tomorrow. (Matt. 6:34)

www.desiringgod.org

Rhonda

babyface asked:


How has this statistic affected your retirement planning?

Shannon

epson30 asked:


How does 401K and pre tax IRA work with max contributions for 2008 tax year? I know max 401k is $15,500 (Im only 40yrs). How much can be contributed to an IRA after 15500? How about a non working wife what can she contribute to a retirement plan?

Connie

sweetjazzplayer asked:


I am not looking to work for them but just to invest in my future, Someone told me they are a scam. I want to know if anyone else has invested with them and what they think of the company.

Courtney

Edward, RN asked:


Well, I just started my first real job less than a month ago and the agency that I work for offers a savings retirement plan through Fidelity. Is it a smart move for me to go ahead and set up a plan right now? It’s all confusing to me! The economy doesn’t seem stable at all and worries me a bit. I have a former employer based 401k with Vanguard that I have that I didn’t know about not until few months ago which I received from a bonus of some kind. Should I roll that over to Fidelity? Also, my employer offers only Fidelity, Lincoln, and Valic. My agency will contribute 25% on the first 6% of total pay I contribute on a pretax basis, I make about 85k/ year. How much should I contribute per month if I do decide to follow through? Someone..please help with all the info you can give..thanks!!!
12 months/1000 hours before “100% vested.” Only about $250.00 in the Vanguard account.
Actually, 5 years to be fully vested..sorry.
One more thing..my company does not offer 401k’s but 403b’s. Does that make any difference???

Ashley

Todd, MD asked:


My many options include a 401K (which I am maxing out), a Key Savings 457(b) Plan, a Deferred Compensation Plan and a Tax Deferred Savings 403(b) Plan. I was planning to open an IRA for myself and my wife, but should I think about these others first?

Marion

Jenn asked:


I’m 24 yrs old and I’ve been thinking about opening up a retirement plan. But I dont know what to look for. Any suggestions would be great! I am a freelance interpreter so my employment does not offer one.

Jeremy

rabin90125 asked:


I have seen a retirement firm online that offers retirement plans based on the years you have left until retirement. Anyone know who this firm is? They have several different plans where based on your retirement date they invest the money differently to help reach your goals.

Floyd

sktchgrl asked:


I am single and 33yo and I have really failed in setting money aside for retirement. I have had two jobs now (I currently) that I’ve set up deductions. Now I want to roll what I have set aside, and I don’t have the first clue to get started. I know every year I get more and more nervous about the whole thing. Any good ideas for what I should do? Thanks so much in advance for your serious responses!

Geraldine

Anna asked:


I can only start with a few thousand.
It needs to be little or no risk.
My job offers no retirement plan.

Harold