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Old 04-13-2005, 11:09 AM   #1
KMR Stitch
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For the Smart people of GFY Click here.

Self Employment Pension? or IRA?


Any suggestions on a good one to invest in?
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Old 04-13-2005, 11:11 AM   #2
Cassie
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i know you can be penalized on ira's if you try to take the money out early.
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Old 04-13-2005, 11:12 AM   #3
KMR Stitch
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Quote:
Originally Posted by Cassie
i know you can be penalized on ira's if you try to take the money out early.
Yes, thats correct Also either one is based on how much you made and how much you can put in.

IRA is something like 3,000.00 SEP is depending on which one up to 41%

Front Load is bullshit from what I have heard/researched..
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Old 04-13-2005, 11:14 AM   #4
Rob
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There are a lot of good ones out there but your decisions should be based on your income.

Get a financial manager to help you in choosing one right for you.
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Old 04-13-2005, 11:14 AM   #5
photomaniac
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Roth IRA. Check out finance.yahoo.com they consistently have articles about IRAs
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Old 04-13-2005, 11:15 AM   #6
Rob
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One person's retirement plan might be perfect for them but horrible for you. Financial Planners/Managers are the only way to go.
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Old 04-13-2005, 11:16 AM   #7
fris
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Originally Posted by HighOnAcid
One person's retirement plan might be perfect for them but horrible for you. Financial Planners/Managers are the only way to go.
question about your business, do you actually design the stuff or just print?
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Old 04-13-2005, 11:26 AM   #8
KMR Stitch
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Quote:
Originally Posted by photomaniac
Roth IRA. Check out finance.yahoo.com they consistently have articles about IRAs

Yeah I was looking into a Roth IRA non Taxable It's after you paid your taxes =)
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