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Absolutely! The government even offers tax breaks for those contributing to these specialized accounts. Experts recommend IRAs, but depending on your situation, you have a couple options: www.foxbusiness.com/personal-finance/2010/10/26/retirement-plans-self-employed-workers/

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Do inventors have retirement plans?

No. They are self employed. To have a retirement plan you have to work for someone.


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There are many savings plans available that are specially designed for retirement. Some examples of these savings plans include Dreyfus, Wells Fargo Retirement, and FTSBBank.


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form_title=Self Employed Retirement Plans form_header=Find your way to retirement the right way. Have a personal finance expert customize a retirement plan just for you. What is your current occupation?*= _[50] Years in business?*= {1-50} What is your annual yearly income?*= _Enter Amount[50] Do you have any IRA retirement plans in your current portfolio?*= () Yes () No


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What are the benefits of a self-employed SEP plan?

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What type of retirement plan do counselors have?

Counselors typically have access to various retirement plans, such as 401(k) plans, especially if they work in private practice or for organizations that offer them. Those employed in public schools or government positions may benefit from pension plans or 403(b) plans, which are designed for non-profit and educational institutions. Additionally, some counselors may choose to set up individual retirement accounts (IRAs) for personal savings. The specific type of plan often depends on their employer and job setting.


What are the benefits of SEP plans for self-employed individuals?

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