The individual 401(k) beats the SEP IRA for the maximum plan contribution regardless of your net earnings—unless you're a very high earner. For sole proprietors living in states with high income ...

A 401 (k) is the most popular type of retirement account, but it's not the only option available. Others, like individual ...

2019 Solo 401(K) Contribution Limits as an Employee: For a Solo 401(k) plan you can contribute $19,000 in 2019 an employee of your business. You can also make a $6000 catch up contribution if you ...

New research points to the equal-installments strategy as the ideal for making the mandatory withdrawals. A lump-sum approach ...

If you're self-employed and want to save for retirement, consider an individual 401k. Photo: TaxCredits.net Whether salaried or self-employed, we all need to be socking money away for retirement.

If you're self-employed and want to save for retirement, consider an individual 401k. Photo: TaxCredits.net Whether salaried or self-employed, we.

An individual retirement account (IRA) is a tax-friendly savings account that lets investors save for retirement. Most people can contribute up to $7,000 per year to their traditional IRA.

If you're self-employed and want to save for retirement, consider an individual 401k. Photo:TaxCredits.net Whether salaried or self-employed, we all need to be socking money away for retirement ...

Check out a solo 401(k), which offers similar tax benefits to an employer-sponsored 401(k), plus you can sock away almost 10 times more per year than in an individual retirement account (IRA).

A major part of retirement planning is choosing which type(s) of retirement accounts you want to use to hold your savings and investments. If you're self-employed, either a solo 401(k) plan or ...