Write me 5 tweets that are financial tips for freelancers. My target audience is American and I have twitter blue so large limit on characters.
Tweet 1- 
With no employment benefits, it should be at the forefront of a freelancer's mind to spend time planning for retirement. 

An emergency fund, however, is more important. With irregular income and fallow work periods, having an emergency fund in place can help reduce stress and provide financial security. 

With the present day protected, you can feel at ease when planning for the future. 

Tweet 2-
As a freelancer, you are responsible for your own tax payments.

Setting aside monthly income in a separate account can help you avoid being caught out and owing a large sum. Freelancers should work out their tax rates and be aware that a self-employment tax of 15% is also charged in the USA. 

Remember, as a freelancer, you should pay your tax quarterly to avoid underpayment fees. 

Tweet 3- 
Traditional or Roth IRA? Which is best for freelancers?

Well, that depends on what your circumstances are. The main difference is that a Roth IRA is not taxable upon withdrawal; however, your contributions are not tax deductible. With a traditional IRA, you will be taxed upon withdrawal; however, you may benefit from tax deductions for contributions. 

You could open both accounts, but be sure to keep total contributions below the IRS's annual limit of $6,500.

Tweet 4- 
Freelancers, open a SEP IRA! 

The SEP IRA is tailored for business owners or the self-employed. It allows tax-deductible contributions of up to $66,000 or 25% of income, whichever is smallest.

This is an excellent option for freelancers who have maxed out Roth or traditional IRA contributions. 

Tweet 5- 
I've maxed out my contributions. What should I do?

This is a familiar question I get, and the answer is simple. If you have exhausted your retirement planning options with IRA, invest with a taxable brokerage account. 

With no contribution limits, the only downside is the tax you will pay on capital gains. The current rate for capital gains tax depends on your income but ranges from 0-20%.