I am a W-2 contractor, my company does not offer a 401K plan, how much i contribute pre-tax for retirement?

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My Boomer Tips

how can I contribute to a pre-tax retirement plan and how much can i contribute??

One Response to “I am a W-2 contractor, my company does not offer a 401K plan, how much i contribute pre-tax for retirement?”

  1. WHAT?

    The only thing you can do is a Roth IRA, which is still post-tax, but at least you will not pay taxes on any profits or with drawls. You can only pay in $5000 per year unless you are 55+. The pretax is for employer sponsored 401k and 403b plans, I think.


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