With most jobs, your employer typically takes care of many of the employee benefits that workers take for granted, such as health insurance or a retirement plan. But when you’re self-employed, it’s all up to you to figure out how best to save for retirement. Fortunately, there are different types of retirement plans, such as SIMPLE IRAs and SEP IRAs, that are extremely useful for self-employed workers to use. That way, you might be able to contribute more, using higher salary deferrals to boost your total savings and reduce your taxes.