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Christian quit his job to open his own online consulting business. He now realizes that he no longer has the benefit of a corporate retirement system. He should consider investing in a(n)

User Miguev
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1 Answer

5 votes

Answer:

Keogh plan

Step-by-step explanation:

Since he no longer has the benefit of a corporate retirement system. He should consider investing in a Keogh plan. This is a tax-deferred pension plan that is available to all self-employed individuals and small unincorporated businesses for retirement purposes. This plan allows workers to contribute pre-tax earnings to retirement funds, where those contributions are tax-deductible. Therefore it would be the best option for Christian, seeing as he is now opening his small business.

User UserYmY
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