4 Types of People Who Really Benefit If implemented correctly, the proposed tax increase could help several types of people. According to Diamond, here’s who will reap the benefits.

Although you cannot generally make contributions from your earnings (unless your plan was adopted prior to 1997), your employer can contribute 25% of your salary to a SEP, up to $70,000.

Wage increases slowed down this month — again. The payroll company ADP says year-over-year, the median wage gain is 4.6% for people who stay in the same job. It’s 6.2% for the people who ...