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  2. Federal Insurance Contributions Act - Wikipedia

    en.wikipedia.org/wiki/Federal_Insurance...

    Under the SE Tax Act, self-employed people are responsible for the entire percentage of 15.3% (= 12.4% [Soc. Sec.] + 2.9% [Medicare]); however, the 15.3% multiplier is applied to 92.35% of the business's net earnings from self-employment, rather than 100% of the gross earnings; the difference, 7.65%, is half of the 15.3%, and makes the ...

  3. How to roll over your 401(k) in 5 easy steps

    www.aol.com/finance/roll-over-401-k-5-175006857.html

    Follow these five steps to get started on your 401 (k) rollover: Decide what kind of account you want. Decide where you want the money to go. Open your account and find out how to conduct a ...

  4. Ask an Advisor: I'm Way Behind on Retirement Savings ... - AOL

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    For premium support please call: 800-290-4726 more ways to reach us

  5. How to get a mortgage when you’re self-employed - AOL

    www.aol.com/finance/mortgage-self-employed...

    The short answer is yes, you can get a mortgage loan with less than two years of self-employment history. This situation may require more documentation to get a mortgage. Lenders typically want to ...

  6. Pension - Wikipedia

    en.wikipedia.org/wiki/Pension

    The 401(k) is the iconic self-funded retirement plan that many Americans rely on for much of their retirement income; these sometimes include money from an employer, but are usually mostly or entirely funded by the individual using an elaborate scheme where money from the employee's paycheck is withheld, at their direction, to be contributed by ...

  7. Keogh plan - Wikipedia

    en.wikipedia.org/wiki/Keogh_Plan

    Scenario #1 – A self-employed accountant makes $50,000 per year from her accounting business. Her maximum contribution is 25% of her post-contribution income ($10,000, which would be the same as saying 20% of her gross income), regardless of whether she uses a SEP-IRA, Keogh plan, or SIMPLE 401(k). Since there are less administrative costs ...

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