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2. Self-employment - Wikipedia

   en.wikipedia.org/wiki/Self-employment

   Estimated taxes must be paid quarterly using form 1040-ES if estimated tax liability exceeds $1,000. 401(k) retirement account. Self-employed workers cannot contribute to a company-run 401(k) plan of the type with which most people are familiar. However, there are various vehicles available to self-employed individuals to save for retirement.

3. Defined benefit pension plan - Wikipedia

   en.wikipedia.org/wiki/Defined_benefit_pension_plan

   Personal finance. Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns.

4. Superannuation in Australia - Wikipedia

   en.wikipedia.org/wiki/Superannuation_in_Australia

   Superannuation in Australia or " super " is a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to fund members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.

5. This Secret IRS Loophole Lets You Reduce Your Retirement Taxes

   www.aol.com/secret-irs-loophole-lets-reduce...

   There's a trick amongst financial advisors that's rarely discussed in the public, and it can reduce the tax you pay on 401(k) distributions after retirement. It's called variable life insurance.

6. Tax withholding - Wikipedia

   en.wikipedia.org/wiki/Tax_withholding

   Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, tax withholding applies to employment income.

7. IRS Tax Brackets: Federal Tax Rates and Tax Brackets ... - AOL

   www.aol.com/irs-tax-brackets-much-ll-143030733.html

   What are the IRS income tax brackets for 2023? The 2023 federal tax brackets for single filers are as follows: 10% for incomes between $0 and $11,000. 12% for incomes between $11,001 to $44,725 ...