How to Save for Retirement If You're Self-Employed: No 401(k), No Problem

<p>Today’s caller is living the freelance dream—flexible schedule, creative freedom, but… zero employer retirement benefits. If you’re self-employed and wondering how the heck you’re supposed to save for retirement without a 401(k), this episode is for you. Nicole breaks down the best retirement accounts for freelancers, how to reverse-engineer your savings plan, and how to turn “irregular income” into “regular savings.” Because yes, you <em>can</em> have a dreamy retirement, even without a W-2.</p><p><br></p><p>To open your Traditional or Roth IRA today, go to <a href="public.com/moneyrehab">public.com/moneyrehab</a></p><p><br></p><p><em>Paid endorsement for Open to the Public Investing, Inc., member FINRA &amp; SIPC. This information is for educational purposes only and is not tax or investment advice. Consult your tax advisor for individual considerations. Visit the </em><a href="https://www.irs.gov"><em>IRS website</em></a><em> for more information on the limitations and tax benefits of Traditional and Roth IRAs. </em><em>All i</em><em>nvesting involves the risk of loss, including loss of principal.</em><em> Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, member FINRA &amp; SIPC. </em></p><p><strong><em>*</em></strong><a href="https://help.public.com/en/articles/6499808-cash-bonus-to-transfer-account?_gl=1*n0x5uc*_gcl_au*MTI1MTMxOTk1OS4xNzMyNTQ4MDc1*_ga*MzMzNjQ1NDMwLjE3MjQ3NjkwNjQ.*_ga_PRL02CJ9YQ*MTczMzM0Mjk5OC4xNjUuMS4xNzMzMzQzMDE0LjQ0LjAuMA.."><em>Terms and Conditions</em></a><em> apply. </em></p><p><em>All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA &amp; SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Brokerage services for alternative assets are offered by Dalmore Group, LLC, member FINRA &amp; SIPC. Brokerage services for treasury accounts offering 6-month T-Bills are offered by Jiko Securities, Inc., member FINRA &amp; SIPC. Banking services are offered by Jiko Bank, a division of Mid-Central National Bank. Securities investments: Not FDIC Insured; No Bank Guarantee; May Lose Value. See public.com/#disclosures-main for more information.</em></p><p><em>*APY as of 6/20/24, subject to change.</em></p><p><br></p><p class="ql-align-justify"><br></p>