SEP IRA

Archive for the ‘SIMPLE IRA’ Category

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Question: Looking to annually invest in a long term Roth IRA for 30 years. What’s a good company to go with?

T Rowe Price? Fidelity? Vanguard? A Roth IRA that is simple and easy to use.

Answer: Vanguard has really low annual expense ratios whileT Rowe Price funds have been traditionally better managed and they consistantly receive 5 morning star ratings. So personally I would go with T Rowe Price.

Question: I’m self employed, and I’m looking for some other tax deductions for the 2007 calendar year.?

I’ve already contributed to my simple plan, my HSA, Roth IRA. I’m looking for some tax deductions, anybody got any tips?

Answer: all of your business expenses (depends how your set up). if you used your home for business you can expense plenty. including utility bills. i would try that avenue.

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