A Solo 401(k) allows self-employed dentists to contribute roughly $51,000 annually compared to $28,000 with a SEP IRA, creating approximately $23,000 in additional tax-deferred savings per year and ...

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 ...

Americans running their own businesses wear many hats, acting as their own tech support, accountant and secretary, among other duties. As a result, it’s easy for many who are self-employed to forget ...

Choosing the right type of retirement savings plan can be a complicated decision for any employer, but the ramifications are further magnified for the small business employer who is also choosing the ...

An individual retirement account (IRA)—known as an individual retirement arrangement by the IRS—is a long-term, tax-advantaged savings account that individuals with earned income can use to save for ...

A 401 (k) is one of the most common tax-advantaged retirement accounts, typically offered through large or midsize employers.

Yolander Prinzel has 10+ years of experience in the finance industry in various positions, including underwriter, trader, and finance writer. Vikki Velasquez is a researcher and writer who has managed ...