Question: Will, who is single and under age 50, is employed as a full-time tax accountant at a local manufacturing company where he earns $73,000 per
Will, who is single and under age 50, is employed as a full-time tax accountant at a local manufacturing company where he earns $73,000 per year. He participates in a pension plan through his employer. Will also operates a small tax practice in his spare time during tax season and has net Schedule C income of $8,000. He is interested in establishing and contributing to other retirement plans. What options are available to Will?
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