During their signup process, individuals who file form 1099 will have a choice to setup a SEP IRA, which allows contributions to be made for individuals whose incomes exceed the income phase-out range for Roth IRAs. This gives employees with income that would reduce their Roth IRA contributions or prohibit any Roth IRA contributions with an alternative contribution path for their own retirement.
Individuals who file form 1099 that choose the SEP IRA can choose to contribute up to the lesser of: (i) 25% of the 1099 declared compensation, or (ii) $53,000 (for 2015 and 2016 and subject to annual cost-of-living adjustments for later years).
During the sign-up process, individuals who do not qualify for a Roth IRA may be offered the option to open a Traditional IRA instead. There are no limitations on salary or filing status to prevent a user from being eligible for this type of account. Individuals who file with form 1099 that choose the Traditional IRA solution can choose to contribute up to $5,500 per year (in year 2015 and 2016) if they are younger than 50 years old, and up to $6,500 per year (in year 2015 and 2016) if they are 50 years old or older.
Both of these options allow Individuals who file form 1099 to make contributions at their discretion. There should always be a path for you to save for retirement and Honest Dollar will help enable that path.
You can find out more about the current Roth earnings limitations here: