For an individual who declares about $75,000 net profit from self-employment, the total pretax contribution is about $33,000 ($39,000 if you're 50 or older).
For an individual who declares about $75,000 net profit from self-employment, the total pretax contribution is about $33,000 ($39,000 if you're 50 or older).
Best Health and Retirement Plans for the Self-Employed. By Jeanne Lee Updated on: August 27, 2009 / 1:00 PM / MoneyWatch Whether you've got the urge to fire your boss and strike out on your own ...
Defined as those born from 1965 to 1978, “Generation X has fallen behind on their retirement savings, but they still have time to catch up and improve their retirement outlook if they begin ...
If you're retiring from a company with a cash balance retirement plan, take the time to analyze your payout options. While many people take a lump sum payout, the annuity option might be best for you.
Retirement income review: GLWB in retirement. ... done through a target date fund geared to retirees. Asset allocations to stocks typically range from 50-60 percent, with the remainder in bonds or ...
Retirement plans increasingly hampered by student loan debt. June 15, ... A new study by LIMRA Secure Retirement Institute shows retirees are bringing unprecedented levels of student loan debt ...
NASA mulls 2010 shuttle retirement plans. NASA managers are expected to stop work that was dependent on an extension of space shuttle flights beyond the current 2010 deadline.
Paying taxes is never fun. Fortunately, you may be able to reduce your taxable income by claiming certain tax deductions. There are exclusive tax breaks for self-employed Americans.But the key to ...
This type of plan, which is easily set up at any major brokerage firm, lets you make an additional contribution that's a percentage of net profit (this is the employer's profit-sharing component ...
The legislation would change the rules so that self-employment taxes of 15.3 percent generally wouldn't apply to income qualifying for the new 25 percent rate. Combined with the new lower rate on ...
Kotak Life Insurance offers a range of insurance plans such as protection, child ...
Age 70 is becoming the new target retirement age in the U.S. Half of all workers age 60 and older plan to retire at age 70 or not at all, a recent survey by CareerBuilder found.
A jury found Weinstein guilty of criminal sexual act in the first degree and rape in the third degree. ... to pay medical bills ... in an ongoing commercial initiative to provide broadband access ...
In addition, the calculations indicated that if the couple wanted to boost their odds of success to 90 percent, they'd need to save an additional $20,705 each year, for a total of $29,705 ...
My favorite way to buy immediate annuities is through an online shopping service such as Immediateannuities.com or Income Solutions. These services shop your annuity for the best price among a ...
The billionaire media mogul's vast wealth has fueled his run for president, but it could also become a liability. Feb 20 Wells Fargo to pay $3 billion for phony-account scandal
Why your credit cards shouldn't retire when you do ... The crisis in state pension plans The fiscal health of state pension plans is terrible -- and getting worse May 27, 2014.
The most common fee-based arrangement is to charge you a percentage of your assets that are under the advisor's management -- 1 percent is a common charge. And while 1 percent sounds small, it can ...
The bottom line is that income replacement rates are a useful assessment tool for policymakers and analysts, and they might be the best you can do when estimating how much to save when you're in ...
Not Your Grandfather's Retirement. Share; Tweet ... outdoorsy lifestyle he calls "wellness." ... anywhere with the our 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV ...