Best Places to Invest if Your Employer Doesn't Offer a Retirement Plan
We hear a lot about the value of employer-sponsored retirement plans, but what if you're self-employed or your employer doesn't offer such a plan? Here are some of the best options currently available.Image Source: Getty Images.Depending on your income, your contributions to a traditional IRA may be fully tax deductible for the year that you make them, allowing your investments to grow tax-deferred until retirement. You'll only pay taxes on the money when it's withdrawn. You can easily open a traditional IRA through a conventional broker, online broker, robo-advisor, bank, or credit union. Continue reading
We hear a lot about the value of employer-sponsored retirement plans, but what if you're self-employed or your employer doesn't offer such a plan? Here are some of the best options currently available.
Image Source: Getty Images.
Depending on your income, your contributions to a traditional IRA may be fully tax deductible for the year that you make them, allowing your investments to grow tax-deferred until retirement. You'll only pay taxes on the money when it's withdrawn. You can easily open a traditional IRA through a conventional broker, online broker, robo-advisor, bank, or credit union.
