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Supercharged Self-Employed Savings Strategy

Supercharged Self-Employed Savings Strategy

| July 11, 2017
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The SEP IRA is a great strategy in which you get to save for retirement if you’re self employed. In addition to the favorable tax-deferred growth advantage which empowers your money to grow at a compounded rate, you also get to reduce your tax liability because your contributions are tax deductible by almost ten times as much as a Traditional IRA according to IRS Publication 560. A SEP IRA is as easy to set up as a Traditional IRA and carries a much easier administrative burden and potentially lower costs than a 401(k). Take advantage of your status as a business owner and reward yourself with a SEP IRA.

Anthony Montenegro has been featured in: Forbes, The Huffington Post, CNBC, U.S. News and World Report, CBS NEWS, USA Today, MSN Money, Entrepreneur, The Simple Dollar, Go Banking Rates and Yahoo Finance!

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