Wednesday 2 November 2011

Your Questions About Business Investing Ira

Nancy asks…Can I open a SEP IRA (business retirement account) with a U.S. investment firm if I have a business in Mexico?I am an American currently living in Mexico-- have been since the beginning of 2006-- and I'm about ready to open a business here. I have the bulk of my money (which is a very modest amount) invested in stocks/bonds/securities with a U.S. investment firm but am finding that I'm having to pay a lot of taxes each year on my earnings. I have no retirement acct yet, and need

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