Planning for retirement can be challenging, especially for self-employed individuals who lack employer-sponsored plans. Creating a personalised retirement strategy is crucial for long-term ...
The Internal Revenue Service (IRS), in November, announced that it had increased the amount that individuals can contribute to their 401(k) and other retirement plans to account for inflation.
Best Retirement Plans for Self-Employed Individuals Solo 401(k)s are an option for business owners who work for themselves and have no employees. They can contribute as both an employer and ...
The right self-employed retirement plan depends so much on your individual circumstances, but for those who are the company’s sole employee (also including a spouse), the solo 401(k) is a great ...