Opening a solo 401(k) — also called an individual 401(k) — allows self-employed individuals and business owners an opportunity to save for retirement. A solo 401(k) is a type of retirement account for ...

A Solo 401(k) is called many different things — a personal 401(k), individual 401(k), self-employed 401(k), Solo-k or Uni-k. No matter the name, they all translate into retirement savings plans for ...

Owning a business is no joke. As the boss, you're responsible for ensuring customers are happy, taxes are paid, and your competition is in the rearview mirror. As challenging as it may be to be a solo ...

The main benefit to using your traditional 401 (k) to pay off your house is that you’ll no longer have to worry about making ...

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 ...

What advisers need to know about Solo 401(k)s and SEP IRAs. For self-employed individuals, freelancers, and small business owners without full-time employees, securing the right retirement plan can be ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. If you’re self-employed or a small-business owner and ...

The best retirement account for a solopreneur will depend primarily on your income level and desired contribution amount.

Since the 401(k) retirement plan was introduced in the early 80’s, it has remained the preferred and most trusted retirement savings plan for millions of US workers. After all, the 401(k) plan is a ...