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 ...

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

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 ...

Solo 401(k)s and SEP IRAs offer growth capabilities and tax advantages for retirement savings. The main difference between SEP IRAs and solo 401(k)s is eligibility and benefits.

A solo 401(k) is a retirement plan for business owners with no employees. The plan comes with much higher contribution limits than an employer-sponsored 401(k). You're still eligible to open a ...

An individual retirement account (IRA) is another popular account available to help you save for retirement. Unlike a 401(k), an IRA is fully managed by the individual using a brokerage account.