https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Sat, 11 Apr 2026 22:38:28 +0000 https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210585 Tue, 16 Jun 2015 19:59:26 +0000 BandDmommy 2210585@https://boards.hellobee.com/ <p>@Truth Bombs: that's what I was thinking. </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210525 Tue, 16 Jun 2015 18:57:03 +0000 Truth Bombs 2210525@https://boards.hellobee.com/ <p>@BandDmommy: So a SEP would be a great option for you, it will let you contribute more than a traditional IRA (the lesser of 25% of your income or 53,000) and you'll actually be able to deduct the contributions where you likely aren't eligible to deduct traditional IRA contributions because of the income level phase out. </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210520 Tue, 16 Jun 2015 18:49:55 +0000 birdofafeather 2210520@https://boards.hellobee.com/ <p>@BandDmommy: i did some ROTH and some traditional this year for tax purposes. </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210514 Tue, 16 Jun 2015 18:47:14 +0000 BandDmommy 2210514@https://boards.hellobee.com/ <p>@birdofafeather: I don't qualify for Roth.. I was wondering if anyone did SEP </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210513 Tue, 16 Jun 2015 18:46:43 +0000 BandDmommy 2210513@https://boards.hellobee.com/ <p>@Truth Bombs: 1099 </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210491 Tue, 16 Jun 2015 18:31:05 +0000 Truth Bombs 2210491@https://boards.hellobee.com/ <p>@BandDmommy: you probably know even better than me given your background but I think your options will depend on if you are W2 or 1099 </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210489 Tue, 16 Jun 2015 18:29:40 +0000 birdofafeather 2210489@https://boards.hellobee.com/ <p>i work for myself and have a roth IRA as well as traditional. once i'm in a position to contribute more than the yearly max, I'll look into other options. </p> https://boards.hellobee.com/topic/retirement-planning-and-contractor-position#post-2210486 Tue, 16 Jun 2015 18:22:09 +0000 BandDmommy 2210486@https://boards.hellobee.com/ <p>If you are a contractor, what do you do for retirement savings? IRA? </p>