Welcome back to Finance Friday. It's another special edition of Money Girl where I answer

your burning money questions. Today's topic comes from Waseda who says I've been trying to max out

my IRA and 401k. However, I'll be unemployed next year for a while, hopefully not for too long.

Since I started my own business early this year, can I invest in a SEP IRA instead of a 401k?

And how much? please explain SEP IRAs since I'm new to being my own boss and

have only earned a few thousand dollars thank you very much and keep doing what you're doing. I tell everyone about you and we love hearing your voice on the podcast.

Thank you so much for your question and kind words, Wasita.

This podcast will explain what you need to know about using a SEP IRA when you've

got a little or even a lot of self-employment income.

Welcome back everyone.

Thanks for joining me on episode 871.

I'm Laura Adams an award-winning author,

finance spokesperson, money speaker, founder of the money stack,

my sub-stack newsletter,

and host of Money Girl, this podcast with over 43 million downloads.

If you're getting value from the free content we love creating here, consider

subscribing and submitting a five-star rating or review on your podcast app of choice.

And if you're like Wasita and have a question about money for the show,

you can leave it on our voicemail at 302, 364008.

You can also send an email and sign up for the free money stack

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It's L-A-U D A M S dot com.

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