News for hackers. Stuff that matters.

A comment on Insider trading has been rife on Wall Street, academics conclude. Parent comment

Re:Insider trading has been rife on Wall Street, academics c... by mancerayder on Sunday February 11, 2018 @04:03PM (#16354787)
Right, and oftentimes (but not always, anymore) companies contribute to your 401k as well.

Also, as a self-employed person you can contribute up to $55,000 in the year depending on your income, in what's called a SEP IRA.

[ Parent | on HN ]
Re:Insider trading has been rife on Wall Street, academics c... by loeg on Sunday February 11, 2018 @06:31PM (#16355443)
Self-employed persons can also contribute to a Solo (or "Individual") 401(k), which has slightly more generous contribution limits as a percentage of self-employed income.

And some W-2 employees can contribute up to $55,000 in their employer 401(k) as well via "after-tax" contributions.

[ Parent | on HN ]
Re:Insider trading has been rife on Wall Street, academics c... by mancerayder on Sunday February 11, 2018 @08:42PM (#16355950)
And some W-2 employees can contribute up to $55,000 in their employer 401(k) as well via "after-tax" contributions.

Can you elaborate?

[ Parent | on HN ]
Re:Insider trading has been rife on Wall Street, academics c... by loeg on Sunday February 11, 2018 @09:01PM (#16356021)
https://www.madfientist.com/after-tax-contributions/
[ Parent | on HN ]
Re:Insider trading has been rife on Wall Street, academics c... by nly on Sunday February 11, 2018 @04:06PM (#16354807)
The SEP IRA sounds like the equivalent to a SIPP in the UK, basically a DIY pension, although there's no requirement on you having to be self-employed to get one.
[ Parent | on HN ]