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SEP IRA: What You Need to Know About This Retirement Plan Option

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Finding the right retirement plan for your business can take time and effort. One retirement plan option available to business owners and self-employed individuals is the SEP IRA, or the Simplified Employee Pension plan. It allows you to save for retirement based on your earned income. What is a SEP retirement plan?

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7 Tips to Help You Plan for Retirement

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Retirement planning is usually the most significant financial goal people will work toward. No matter where you are in your career, considering how to plan for retirement is essential so you can spend your golden years on your terms. Determine how much income you’ll need to plan for retirement.

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The Intimidation Factor: How Fear Influences Women’s Wage Negotiations

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Women can fight for themselves in the salary negotiation process by doing their research and being confident in their experience and abilities. As more states start to require salary ranges to be published, this will help even the playing field between women and men. A good HR team will fight for salary equality, and many do.

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U.S. Workforce Clashes with Persistent Ageism

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Data shows how older generations of Americans are pushing back their retirement, some are even returning to the workforce. The data published by iHire suggests that ageism isn’t just a perception; it’s a reality for many. It’s reported that, even when older job seekers were offered a salary, 22.1%

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

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Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Additionally, the Schedule SE form is used to calculate self-employment tax owed.

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Have a Strategic Plan So You Can Cash Out On Your Terms

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If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation. If you’ve never really liked the idea of full retirement, consider what you’d be interested in doing as a second-act career.

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Why You Should Start Your Own Business Today

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Since joining the company eight years earlier, he had worked his way up to a solid position in middle management with a decent salary and great benefits. It doesn’t matter if you’re in a big city or small town. John was 53 when the bad news hit: His department was being moved offshore. Now, he was out of a job. Flexibility.