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The Retirement Benefits of Self-Employment

The Retirement Benefits of Self-Employment

By: Tim Hayes Financial Advisor - posted in: Financial & Retirement Planning - Last updated Feb 15, 2019

In 2016 and 2017, a self-employed person can contribute the lesser of 20% of their net adjusted income or $53,000. Net adjusted income is gross income from self-employment minus expenses and half of your self-employment tax.

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