Saving for retirement or other big life moments is often viewed as an end in itself: Sock away a little bit each month, and you’ll achieve your financial goals. But many of these accounts can also play a role in lowering your tax burden here and now.
Take Erin Lowry, a self-employed personal finance expert who blogs at BrokeMillennial.com and whose book “Broke Millennial Takes on Investing” will be published in early April. Her transition from company employee with a 401(k) to self-employed worker included the challenge of setting up a new retirement plan.
Aimee Picchi | USA TODAY