puravida
First Time Poster
Cash: $ 0.25
Posts: 1
Joined: 09 May 2005
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| Self Employed Max Retirement Contribution Vs. Employed |
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Hello Regulars,
This is my first post on this board and I am very excited to have joined your community.
There is a lot of talk lately regarding what a person can contribute to their retirement fund. I have been thinking more and more about the difference between what an Employed person can contribute and what a self employed / employer can contribute.
Does anyone know these facts, or at least have an idea?
1. What is the max contribution an employee can max to their retirement fund for the year 2005? (With and with out Employer matching)
2. Can a Employee open up more than one retirement account. If so, how many and what kind of accounts would they be.
3. What is the max contribution a Self Employed person / Employer can make in 2005 to their retirement account?
4. How many Retirement accounts can a Self Employed person open?
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