As a 1099 employee, or independent contractor, you might be curious about what you can do to prepare for retirement. If you’re under the impression that 1099 status means you lack access to quality retirement plans to help you sock away a healthy nest egg, think again.
Earlier this year, I broke down retirement savings plan options for small businesses and sole proprietors in an article I authored for Entrepreneur Magazine. If you’re working as an independent contractor but aren’t sure how to start saving for the Future You, you can find some helpful tips in my article. It covers tax benefits, contribution limits and options that exist for you and your fellow 1099ers.