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From increased flexibility to lack of stability, making a move from a traditional 9-5 to self-employment comes with lots of opportunity and potential pitfalls. If you’ve been considering making that move, or even just want to add something on the side of your regular full-time job, take a look at this recent piece from The New York Times, first. Before you take that step, be sure to consider the financial implications for you and your family including paying taxes, paying for health care, contributing to retirement, and more.

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