Self Employed Benefits
As a self-employed professional, you enjoy the flexibility, control, and creativity an independent career offers. However, the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are…
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As an independent professional, cutting ties with the constraints of a corporate workplace can also mean losing some of the perks—including health insurance benefits that many employers offer. However, this factor seems to be outweighed by the many benefits of going independent. Eighty-two percent of full-time independents say they are happier working on their own…
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The information provided in the MBO Blog does not constitute legal, tax or financial advice. It does not take into account your particular circumstances, objectives, legal and financial situation or needs. Before acting on any information in the MBO Blog you should consider the appropriateness of the information for your situation in consultation with a…
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One of the big differences between being an employee and an independent contractor is managing your own benefits. As an independent, there’s no employer to provide you with benefit options like health insurance, retirement or vacation time. Your financial future is up to you. While it can initially be a daunting task to figure out…
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Taking parental leave when you run your own business can be scary. Without set guidelines or a reliable paycheck, the prospect of having to budget for time off, set expectations with clients, and work head on projects is daunting. Nevertheless, one of the benefits of running your own business is the freedom to structure projects…
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Working as an independent consultant and being your own boss offer a number of benefits including setting your own hours, determining your specialties, and choosing your clients. However, independent consulting is not without its challenges. In MBO’s State of Independence report, we surveyed independent consultants to learn about their experiences, goals, and difficulties. Here, we…
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As the American independent workforce continues to grow, the discussions surrounding non-employee and self-employed benefits and protections continue to gain steam. A potential solution to this issue, portable benefits, has been receiving significant attention for the last few years. What are portable benefits? Portable benefits are a proposed system that would allow an independent contractor, or…
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Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of solutions…
View More
Self-employed professionals enjoy the flexibility, control, and creativity an independent career offers, but the challenge and uncertainty of planning for retirement is a common concern. At a traditional job, you have the benefit of built-in retirement options, but this field can be more difficult to navigate on your own. Fortunately, there are a number of solutions…
View More
As an independent contractor, you’ve probably dealt with the headache of small business insurance, most likely to satisfy the terms of a contract. Although the word insurance is often accompanied by a sigh, there are benefits in your small business insurance policy outside of just checking a box in the contract terms. It is important to…
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