Category: IRAs
While completing my tax return in prior years, I started noticing that I would have a not-insignificant tax bill due from self-employment and side project income unless I found …
This is the third installment in a multi-part series on retirement accounts for self-employment income. We previously covered SEP IRA and Solo 401K basics. In this post, we’ll cover …
Having become fully self-employed in recent years, I thought it would be a good time to revisit and update my research on the primary retirement accounts that those with …
The Saver’s Tax Credit details below have been updated for the 2021 and 2022 tax years. What is the Saver’s Credit? The Saver’s Credit (aka the ‘Retirement Savings Contribution …
This article has been updated for the 2021 and 2022 years. The IRS has announced the 2022 maximum IRA contribution limit, which is the max you can contribute to …
Update: the below article was for 2021 (2020 tax year filing). In 2022 (for 2021 tax return filing), the HSA contribution deadline, the IRA contribution deadlines (both Traditional and …
This article has been updated for 2022. Every time I think I have maximized my retirement savings in a given year, I discover a new way to push it …
A few weeks back, I was having a chat with a younger friend who raised the following: “I was hoping to talk about 401K vs saving money to have …
