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Posted by Jodith Allen on 1/3/10 3:37pm
My mother worked for Social Security taking applications. She said self-employed folks were often unhappy when they realized that the amount they paid in self-employment taxes affected how much they received from Social Security when they retired.
It is important when you're self-employed to look at how those decisions will affect your retirement income, especially if your SS will end up being the large part of your retirement. |
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