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Re: IRA options for notary?
Posted by PA_Notary_II of PA on 4/5/21 10:02am Msg #630995
my accountant, years ago, advised me to open a Roth IRA as it is much less restrictive than a conventional IRA. It's worked well for me... withdraw when you retire without additional tax since your contributions are made "after taxes". In addition you can continue to contribute up to the amount of your earnings if you semi retire as I have and your earnings are within the amount allowed for maximum contributions.
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Messages in this Thread
 IRA options for notary? - Kellosh/CA on 4/2/21 5:47pm
 We opened a simple IRA this year. - ananotary on 4/2/21 5:53pm
 See msg. 630895 below from ArtFL n/m -  MW/VA on 4/2/21 6:08pm
 Re: IRA options for notary? - Art_FL on 4/4/21 8:25am
 Re: IRA options for notary? - PA_Notary_II on 4/5/21 10:02am
 Only fee in excess of market value is subject to SE tax - Kellosh/CA on 4/5/21 5:49pm
 Have you looked into a solo 401k? 19,500 contributions under - ananotary on 4/5/21 8:08pm



 
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