Solo 401(k) plans are available to business owners with no employees (other than their spouse). These plans let business owners save up to $70,000 per year in 2025, or up to $140,000 with a qualifying ...
Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for the self-employed and small businesses, such as SEP and SIMPLE IRAs. Many, or ...
Choosing the right home for your retirement savings is as important as saving for retirement in the first place. Your retirement plan dictates how much you can contribute annually, how it's taxed, how ...
Saving for retirement can be harder if you're self-employed. Here's what you need to know about setting up and contributing ...
Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for the self-employed and small businesses, such as SEP and SIMPLE IRAs. Many, or ...
If you’re self-employed and pay yourself a salary, a Solo 401 (k) may allow for higher contributions than other retirement plans. However, it’s best to consult a tax professional for advice on your ...
We hear a lot about the value of employer-sponsored retirement plans, but what if you're self-employed or your employer doesn't offer such a plan? Here are some of the best options currently available ...
The entrepreneurial mindset of Humboldt County’s residents has been a highlight of our local culture for generations. However, being an entrepreneur comes with unique challenges. For business owners, ...
Explore the differences between SEP and Keogh plans, designed for small business owners seeking higher retirement contributions. Choose the best option for your needs.
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...