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 -- ...
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 ...
If you’re self-employed, saving for retirement can feel overwhelming — especially without access to a traditional employer 401(k). That’s where the Solo 401(k) comes in. Also called an individual ...
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 ...
A solo 401(k) plan is a retirement savings option for self-employed individuals or small business owners with no employees, aside from a spouse. When an individual owns multiple businesses or has a ...
Navigating contribution limits for saving can easily have you missing out on opportunities to save on your taxes. Whether you are a Baby Boomer, Gen-Xer, or Millennial, understanding the rules for ...
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 ...
Ascensus has signed a deal to acquire Vanguard’s Individual 401(k), Multiple Participant SEP and SIMPLE IRA Plans division. The acquisition is projected to finalize in the third quarter of 2024; the ...
Let's imagine you're 30 years away from retirement and your 401 (k) usually gives you a yearly 8% return, which is a bit ...
Question: “I am looking at opening a solo 401(k) through my adviser. Their proposed fees are an adviser fee of 1.25% and an investment cost of 0.71%. The total estimated cost to me is 1.96%, plus ...
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 ...