How much can I set aside for retirement?

Expenses cannot be greater than income
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2021 SEP-IRA Contribution Limit:


Estimated 2021 Tax Savings:


You can set aside a maximum of 20% of your net income. Adjust your goal to see how much you can save:

Automate Your Savings

Ruby Money will automatically set aside your taxes and retirement every time you get paid.

Try the app for free

Independent Professionals
Save up to $20,000 in Taxes

Ruby Money automatically sets aside taxes and retirement so you don’t have to do the math.  Pay less in taxes, and get peace of mind.

Is the maximum you can set aside in pre-tax retirement dollars
But 52% of high-earning freelancers don't regularly contribute to  retirement
That's up to $20,000 in lost tax savings every year

How it works

Get a personalized tax savings plan

Pick your tax and retirement goals

Automate withholdings each time you're paid

Get smart notifications to stay in the know

How it works:

Try Ruby Money for Free

See what our customers have to say:

“Saved me $16,000 this year!”

As a person, I’m financially responsible. As a freelancer, I messed it up more than a couple times. Now, I love the challenge of saving more.

Surabhi, Surabhi & Co

“This is about making wise choices”

Do this for your peace of mind, not just the money.

Valerie, Pivot Organizing

“Tax savings at the push of a button."

This was incredibly helpful for someone like me who has blended income and needed techniques to pay myself first and find some new tax savings! So great!

Parker, Coach


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FDIC insured

Your funds are FDIC insured up to $250,000 through our partner bank.

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