- DOLLAR$
- $5,079.15
I'm fairly new to freelancing and one thing that's been weighing on me is taxes and retirement savings. I'm used to having everything deducted from a paycheck, but now I have to figure it out on my own.
I've heard freelancers need to set aside a certain percentage for taxes, but I'm not sure how to do that properly. Also, how do you save for retirement when you're self-employed? Should I set up a specific account or contribute to something like an IRA?
How do I handle taxes and save for retirement as a freelancer?
I've heard freelancers need to set aside a certain percentage for taxes, but I'm not sure how to do that properly. Also, how do you save for retirement when you're self-employed? Should I set up a specific account or contribute to something like an IRA?
How do I handle taxes and save for retirement as a freelancer?
