[BBLISA] RE: [OT] retirement...

[Eric J. Hansen]

Huh, I stand corrected (I've only done SEP-IRA with a corp. in the past.)  Nothing like a contradiction to bring people out of
the woodwork. ;)  Scott, hopefully this gives you some extra data points about how folks handle retirement plans at sole props.

Eric


> -----Original Message-----
> From: bblisa-bounces at bblisa.org 
> [mailto:bblisa-bounces at bblisa.org] On Behalf Of Stephen Reppucci
> Sent: Friday, May 19, 2006 2:30 PM
> To: Eric J. Hansen
> Cc: bblisa at bblisa.org; scott at MIT.EDU; 'Marc Chiarini (Tufts)'
> Subject: RE: [BBLISA] RE: [OT] retirement...
> 
> 
> 
> No, this is not the case, as I've had one in the past while 
> operating as 
> a simple sole-proprietor/DBA.
> 
> 
> On Fri, 19 May 2006, Eric J. Hansen wrote:
> 
> > FWIW, I think the SEP-IRA requires that you have a 
> corporate entity.  
> > Then, the corp. makes the contribution to your SEP account on your
> > behalf.
> > 
> > Eric
> > 
> > 
> > > -----Original Message-----
> > > From: bblisa-bounces at bblisa.org 
> > > [mailto:bblisa-bounces at bblisa.org] On Behalf Of Marc 
> Chiarini (Tufts)
> > > Sent: Friday, May 19, 2006 1:50 PM
> > > To: scott at MIT.EDU
> > > Cc: bblisa at bblisa.org
> > > Subject: [BBLISA] RE: [OT] retirement...
> > > 
> > > 
> > > Hi Scott,
> > > 
> > > Assuming you are entirely self-employed, you probably want to 
> > > look into 
> > > a SEP-IRA, which allows you a much greater contribution per 
> > > year than an 
> > > individual traditional or Roth IRA (depending on your 
> > > income).  Have a 
> > > look here:
> > > 
> > > http://www.investopedia.com/university/retirementplans/sepira/
> > default.asp
> > 
> > Regards,
> > Marc
> > 
> > 
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> > 
> 
> -- 
> Steve Reppucci                                       sgr at logsoft.com |
> Logical Choice Software                          http://logsoft.com/ |
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