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Self-employed? Here are 5 tips for retirement planning

from Wall St. Cheat Sheet

A report by Career Builder found that there are around 10 million self-employed jobs in the U.S. Of those who are self-employed, 30 percent of them are at least 55 years of age, approaching time for retirement. In addition to having heavy tax burdens, self-employed people are generally more likely to have the responsibility of seeking out a retirement plan on their own accord. Without the option to participate in company 401(k) plans, they have the task of locating an option that suits their individual needs. Here are a few tips to help guide through the process. more

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