what are the best retirement accounts for me in terms of IRA, Roth IRA or Keogh?
A SEP-IRA is probably going to be your best choice. SEP stands for Simplified Employee Pension Plan and is generally referred to as a SEP-IRA since it is actually an IRA that accepts employer contributions. If you are self-employed, then you are considered your own “employer” for SEP-IRA eligibility purposes. This plan is for business owners seeking a simple, low-cost retirement plan providing the opportunity to contribute up to 25% of an employee’s compensation or the IRS limit, whichever is less. It is the simplest form of retirement program for a business or self-employed individual, and requires no initial or annual filing with the IRS or Department of Labor. A Keogh is generally more complex, but it allows for greater amounts to be contributed. Does the government guarantee my IRA account? If your IRA was issued by a bank, yes, via such government-affiliated agencies as the Federal Deposit Insurance Corporation and the National Credit Union Administration. Both ensure IRA-related
