There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all, of the ...

Key takeaways IRAs are a tax-advantaged way to save for your future. You can open an account even if you’re also investing in an employer-sponsored account like a 401(k), assuming you meet the other ...

Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

Subscribe to The St. Louis American‘s free weekly newsletter for critical stories, community voices, and insights that matter. Sign up A self-employed retirement plan is a tax-deferred retirement ...

A Simplified Employee Pension IRA (SEP IRA) is a traditional IRA for self-employed people and small-business owners. Many, or all, of the products featured on this page are from our advertising ...

(NewsNation) — Many employers offer retirement plans, such as 401(k)s, to full-time employees. However, many Americans don’t have access to a 401(k). With options like Roth IRAs, solo 401(k)s, and SEP ...

Solo 401(k) plans are available to business owners with no employees (other than their spouse). These plans let business owners save up to $70,000 per year in 2025, or up to $140,000 with a qualifying ...

Question: I'm 54 with a $320,000 IRA and am transitioning into self-employment with a projected annual income of $120,000. How much of that can and should I be saving for retirement? What are the best ...

Complaining about the higher-ups at your company may be one of America's favorite pastimes, but there are benefits to working for someone else. Being an employee usually means you have someone who is ...

Self-directed individual retirement accounts (SDIRAs) are traditional or Roth IRAs with expanded investment options. SDIRAs allow you to invest in more diversified assets, such as precious metals, ...

When you’re self-employed, you don’t have as many built-in protections as many employees have. You’ll be responsible for your own health insurance, disability insurance and retirement planning. Many ...