Quote:
Originally Posted by Sansa
Those working for themselves go open a Roth IRA account now! Money coming in now is fun and dandy but you'll kick yourself in the ass for not stashing away at least some of it now.
http://en.wikipedia.org/wiki/Roth_IRA |
If you are self employed, odds are that you qualify for an SEP IRA, which allows you to invest larger percentage of your pre-tax dollars than a Roth does. That amount is 25% of my income for this year, according to the good folks at T Rowe Price.
