How Do I Set Up A Qualified Retirement Plan?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    A good independent agent who works with retirement planning can help you set up your retirement plan.  Depending on your needs and situation, you may choose to set up a simple IRA qualified annuity.  If you have access to a 401k at work you have a great source to help get you started.  You need the help of someone familiar with retirement planning.
    Answered on May 28, 2013
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  2. 15786 POINTS
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    Bob VineyardPRO
    Founder, Georgia Medicare Plans, Atlanta,GA
    There are many ways to set up a qualified retirement plan, especially if you are self employed or a business owner. Individuals normally don't set up a "qualified" retirement plan and I don't consider an IRA a traditional qualified plan although it does have tax benefits. Funding an IRA with an annuity is usually a poor choice for most individuals.
    Answered on May 28, 2013
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