Contribute now and pay taxes later, once you’re making withdrawals in retirement. In the meantime, let your earnings grow tax-deferred.
Pay taxes on your contributions now, and grow your money knowing that once you retire, qualified distributions will be tax-free.
Are you self-employed? With the Simplified Employee Pension (SEP) IRA, you can make pre-tax contributions to a traditional IRA established for yourself or your employees.
Consult a tax professional regarding your individual tax situation.
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