The best retirement account for a solopreneur will depend primarily on your income level and desired contribution amount.
About 16.5 million people in the U.S. are self-employed, according to 2023 data from the Bureau of Labor Statistics. For many of these workers, planning for retirement has its own quirks and ...
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SEP IRA Contribution Limits For 2024 And 2025

The SEP IRA allows you to contribute up to 25% of your compensation, or $69,000 in 2024 and $70,000 in 2025. Remember, you ...
As a small business owner, carving out a reliable path to retirement for yourself and your employees is an important part of your financial plan. When thinking about the retirement plan options ...
Investing is one of the best ways to build long-term wealth, but picking the right type of account can feel confusing. You want to save for retirement, for example, but do you go with a Roth IRA, a ...
A SEP IRA is a tax-advantaged retirement account that’s an especially attractive option for workers who don’t have access to an employer-sponsored plan. The annual contribution limits for an SEP IRA ...
Picking the right retirement savings plan and maximizing retirement savings can be a complex landscape to navigate, but it’s key to staying fiscally fit in the twilight years. Retirement planning is ...