If you own a small business, the self-employed 401(k) or solo 401(k) has some clear advantages over other retirement planning ...

but because self-employed people act as both employee and employer, they can contribute larger sums each year. One advantage of a solo 401(k) is the opportunity to choose the type of plan and the ...

There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all ...

Here's a comparison of three popular self-employed retirement savings plans: the solo 401(k), the SEP IRA and a SIMPLE IRA. See which option is right for your retirement planning needs.

Paychex is a top 401 (k) plan provider offering retirement plan administration, employee benefits, and payroll processing ...

A solo 401(k) plan is a retirement savings option for self-employed individuals or small business owners with no employees, aside from a spouse. When an individual owns multiple businesses or has ...

As the name suggests, these plans are available for individuals who are self-employed and have no employees. It's also known as a one-participant 401(k) plan. One exception is the spouse can ...

The mega backdoor Roth IRA offers a powerful way to maximize retirement savings while gaining significant tax benefits. By ...

solo 401(k)s allow business owners with no employees or self-employed individuals to open an employer-sponsored plan for themselves and their spouses. The reporting rules make these accounts more ...

The perks of self-employment are plenty, but there’s at least one significant drawback: the lack of an employer-sponsored retirement plan like a 401(k). Enter the solo 401(k), or what the IRS ...

Fortunately, there are plenty of great retirement plans available to self-employed individuals. Here are the primary options. Many business owners are unaware that they can create their own 401(k) ...

Retirement plans for the self-employed range from the good to the outrageously good, and can allow you to save much more than ...