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(FAQ archive) Retirement plans the self employed and those with multiple employers
Old 10-19-2007, 02:22 PM   #1
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(FAQ archive) Retirement plans the self employed and those with multiple employers

The applicable IRS publication is Publication 560 (2006), Retirement Plans for Small Business. Possibilities include solo 401k plans (some providers allow a ROTH option), defined benefit plans, SEP IRAs, simple 401ks or simple IRAs.

IRAs are specifically dealt with in this publication: http://www.ris.gov/publications/p590/index.html

Some of the threads also talk about how to maximize your retirement plan contributions when you have multiple employers or have both a retirement plan through work and you also want to set up a retirement plan to shelter some of your self employment income. A separate fAQ will deal with spousal IRAs--putting aside pretax money for a non-working spouse.


Another Tax Question: IRA Contributions
http://www.early-retirement.org/foru...01k-29891.html
http://www.early-retirement.org/foru...01k-29867.html
http://www.early-retirement.org/foru...ide-29663.html
http://www.early-retirement.org/foru...ers-29616.html
S-Corporation Profit Sharing Plan
http://www.early-retirement.org/foru...ver-29064.html
Solo Roth 401k question
Self-Employed Retirement Savings Plans
http://www.early-retirement.org/foru...ent-28838.html
http://www.early-retirement.org/foru...orp-27836.html
Solo 401k Questions
http://www.early-retirement.org/foru...ira-26221.html
http://www.early-retirement.org/foru...01k-24754.html
Contract work - 401k?
http://www.early-retirement.org/foru...com-23726.html
Simple vs SEP IRA
http://www.early-retirement.org/foru...ers-23636.html
http://www.early-retirement.org/foru...yee-20477.html
http://www.early-retirement.org/foru...01k-19429.html
http://www.early-retirement.org/foru...yed-18873.html
Solo 401k
SEP-IRA
http://www.early-retirement.org/foru...yed-15422.html
Question about SEP-IRA contributions
http://www.early-retirement.org/foru...01k-29867.html
SEP-IRA Contribution
Self employed...employee contribution
http://www.early-retirement.org/foru...yed-18873.html
Tax Minimization

These two threads talk about how to coordinate contribution limits if you have more than one plan, such as multiple 401k plans, or a 401k and a 403b plan. Contributions do not have to be coordinated if the other plan is a 457 plan:
http://www.early-retirement.org/foru...ave-37671.html
http://www.early-retirement.org/foru...ons-37679.html

This thread talks more about coordination of contribution limits when you have more than one plan, especially if one is a SEP IRA. It goes further than the prior two threads and likely is more accurate: 403(b), 457, SEP IRA, Roth IRA.
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