Contributions are made to an individual retirement account (IRA) set up for each plan participant. Self-employed individuals also can set up a SEP-IRA for themselves. A SEP does not incur the ...

If you are trying to decide between an IRA vs. 401(k), count yourself lucky. Not everyone's employer offers 401(k)s, and many ...

However, if you as an employee (not an employer) contribute money to your SEP IRA (which some SEP IRA plans allow), then it ...

Ideally, you should set up your Solo 401 (k) before the end of the year for the most tax savings. However, if you read this ...

The SEP IRA has a limit on the annual compensation that is used for figuring retirement plan contributions. For 2025, that limit is $350,000, an increase from $345,000 in 2024. That limit is ...

Opening a traditional IRA is a fairly straightforward process involving only a few steps. Here's what you need to know to ...

The Internal Revenue Service or IRS changes perks and contribution limits for various tax-advantaged accounts based on annual ...

Generally, those who are 73 and have given up working must make withdrawals from traditional IRA, SEP IRA, SIMPLE IRA and ...

Here is how much Americans have saved for retirement at different ages. Learn how you compare, whether you're saving enough, ...

This employer-funded retirement plan is popular because it’s easy to set up and less expensive to maintain than 401(k) programs. However, some SEP IRA providers only offer self-employed SEP IRAs ...

More part-time workers will have access to 401(k) accounts in 2025, and you might get auto-enrolled next year unless you opt ...