[OT] Retirement, 401k, Subcontracting

[galsterm at gmail.com (Matt Galster)]

On 5/19/06, David Rosenstrauch <darose at darose.net> wrote:

> Hope this information is helpful.  I'm not sure what to advise you if
> you *don't* go the corporate route, though, since you as an individual
> can't open your own 401k or SEP-IRA.  Maybe a Roth IRA instead?
>
Actually, I'm self employed as a contractor, not incorporrated, and
opened my own 401k plan at the fidelity center in Burlington last
December.  If you take some time to talk to one of their advisors, you
can do it.  There were a couple alternatives.  It is only paperwork
after you figure out your strategy.  Oh, and cutting a check...

MEG


> Anyway, HTH.  Feel free to email back if you need me to clear any of
> this up.
>
> DR
>
> Scott R Ehrlich wrote:
> > Hello to all:
> >
> > I have been subcontracting for a few years now via placement agencies, and my
> > current agency does NOT have a 401k plan.   If my contract is renewed, and I am
> > not taken on as a direct-hire, what have people done for their retirement
> > investments?
> >
> > I am also saving for a house (my wife works f/t as well).   My paycheck is going
> > towards a house, and hers for paying bills.   I am in my mid 30s, if that makes
> > a difference.
> >
> > Thanks for any insight and ideas.
> >
> > Scott
>
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