selfemployed
More and more people are entering the world of entrepreneurship. Being self-employed is appealing to many, offering freedom and control of your own future, as well as unlimited income potential. But it also has its challenges, one of which is retirement planning. In this guide, you’ll find out how to prepare for retirement as a self-employed individual. Retirement Planning for the Self-Employed – How is it Different?People who work for a company or in the public sector usually have the benefit of company-matched 401Ks or pension plans, making saving for retirement automatic. Self-employed peop...
ValueWalk
There’s nothing like the fantasy of saying goodbye to your office job and hello to being your own boss. But if you’ve got entrepreneurship on your mind, it’s important to understand the whole picture of what it means to be self-employed, especially with regard to finances. Beyond the nearly limitless income potential comes complexities that, if not understood, can cause big problems. Q3 2022 hedge fund letters, conferences and more Not that finances should scare you away from your dream of being self-employed. Individuals planning to strike out on their own can learn to manage the financial ri...
ValueWalk
For many self-employed individuals, juggling their paperwork can be quite a challenge. Although self-employment essentially means working under your terms, it doesn’t mean that you can forego all your credit responsibilities. Even self-employed people must show official documentation such as proof of income when seeking loans, filing taxes, and insurance purposes. Since such individuals don’t receive pay stubs with a breakdown of their earnings, deductions, and taxes, completing these applications can be difficult. However, this doesn’t mean that self-employed people aren’t entitled to these s...
ValueWalk
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