Success
SEPTEMBER 8, 2023
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?
Success
JULY 18, 2023
Saving and planning for retirement as a self-employed person can be more difficult than for others. Company employees often have access to a 401(k) or other retirement savings account that lets them make automatic contributions pulled from every paycheck. How is a self-employed retirement plan different from a 401(k)?
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Success
JULY 25, 2023
Most people are familiar with retirement savings plans, like a 401(k) or a Roth IRA. It’s an easy-to-manage retirement account that lets you make tax-deferred contributions. Keep reading to learn more about this retirement plan and how it stacks up against other options. A SIMPLE IRA is just one of these plans.
Allwork
NOVEMBER 28, 2022
Age discrimination occurs when a manager or boss treats an applicant or employee less favorably due to their age, which applies to younger people with less experience as well as older people who are close to retirement age. They worry that their company may have no strategy or practice for any sort of planned retirement — because most don’t.
Success
JULY 19, 2022
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. According to the Census Bureau , over 420,000 business applications were filed in May 2022 alone. John was 53 when the bad news hit: His department was being moved offshore.
Success
MAY 15, 2023
To calculate how much insurance to buy, some experts recommend multiplying your salary by eight. Others say to multiply your annual salary by the number of years you have before retirement. Your surviving partner may have to wait until at least age 60 to claim their Social Security benefits.
Allwork
DECEMBER 5, 2022
You’ll also most likely need some office stationary like files, paper, pens and staplers. You may need to make your own pension or retirement contributions from your salary if your employer is not contributing towards that. . This can include the cost of a dedicated work laptop, printer, phone and internet.
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