3 ms·
Just start your own business and shelter the money in an i401K, SEP IRA or Simple IRA: https://investor.vanguard.com/what-we-offer/small-business/compare-plans?
by up_and_up 10y ago
Just start your own business and shelter the money in an i401K, SEP IRA or Simple IRA: https://investor.vanguard.com/what-we-offer/small-business/compare-plans?Link=facet https://investor.vanguard.com/what-we-offer/small-business/c...
"For the 2016 tax year, overall employer plus employee contribution limit is 100% of compensation with a maximum of $53,000"
- taurath 10y agoIf you're already employed full time and your paychecks go directly to you its only possible if your employer is okay with paying you as a contractor, which of course makes their situation with you more complicated, and also you might have trouble getting health insurance through the company.
- up_and_up 10y agoI am saying moonlight on the side in addition to the fulltime job and stash that money away.