Use income from your sideline business to grow retirement savings quickly

4 min read

Taking a second job or launching a sideline business and shoveling the income into a tax-advantaged retirement savings plan can grow your nest egg astonishingly fast.

Even if you’re taking full advantage of your 401(k) or other workplace retirement plan at your day job, you can still stack some retirement savings on top of that. Not only will you be building your reserves, you’ll also lower the tax bite that comes with a second income.

Here are five ways to work your plan.