Absolutely not. Nobody is required by law to have a 401k. However, it is always a good idea to be saving for retirement and that is exactly what a 401k will help you do.
First to qualify you must be a small business owner, a small business co-owner or spouse or either one. Decide what company to obtain your 401k plan from: Fidelity, Merill Lynch, Vanguard etc.Decide...
A self-employed 401K is worth it as your receive numerous benefits from it, outside of those that you already have with a standard 401K. You can also put into the account a larger contributing sum...
Basically, if you make over $600 a year you must file...how much you pay is a different story...you'll likely pay nothing until you earn much closer to 12K a year.
Moreover, you'll probably get...
Of course. Filing for bankruptcy, put simply, is showing the court that your debts and financial obligations substantially exceed your income. The fact that you are self employed will not serve as a...
It depends on what type of cartooning one wishes to do. Most comic strip cartoonists make excellent livings as do many of the cartoon animators. Magazine cartoonists don't fare as well, though, since...