Saturday, August 11, 2012

Savings Plans for the Self-Employed

http://online.wsj.com/article/SB10000872396390443517104577575053013780154.html?grcc=88888Z0ZhpgeZ0Z0Z0Z0Z0&mod=WSJ_hpp_sections_markets&grcc2=b54ffff42b6ee55f1c07e35715f7eee4~1344713601213~18f3b45caef80572d421f68a979bd6dc~978d19a4-b073-4642-bcec-1c79b1becc5b~1344713601213~0~0~0~0~0~0~0~0~0~2~

Working for yourself means having to take the initiative to save for retirement—and that's trickier than signing up for a company 401(k) plan.

More older people than ever are working for themselves these days, according to the Bureau of Labor Statistics, and self-employment rises steadily with age. The group with the most self-employed? Men 55 to 64 years old.

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