While 401 (k)s are often associated with large corporations, the "company of one" or any multiple owner shop with no employees can have access to one of the most powerful tax-saving tools available -- ...
A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...
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 ...
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 ...
Forbes contributors publish independent expert analyses and insights. I strive to alleviate stress by analyzing and clarifying the tax code. Mar 06, 2025, 05:15am EST Mar 13, 2025, 11:00am EDT ...
SEATTLE--(BUSINESS WIRE)--Today, ShareBuilder 401k, a leading provider of all-ETF 401(k) plans for small- and mid-size businesses, launched a new Solo 401k Saver plan for the self-employed. According ...
Investing in a solo 401(k) is a common retirement savings plan for self-employed individuals or small business owners. Let’s break down how it works, gets taxed and what potential deductions you can ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A Charlotte founder and finance ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The term “401(k)” is only used in the United States to ...
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 ...
Having funds in a Roth account could be beneficial to your retirement. Talk to a financial advisor about the best accounts to use for your savings. Are you ahead, or behind on retirement? SmartAsset’s ...