Forbes contributors publish independent expert analyses and insights. If you are a business owner who wants to maximize your tax savings on your 2024 income, check out the Solo 401(k) and the related ...

Preparing for retirement means understanding how to safeguard your finances, adapt to changing needs, and prevent costly mistakes. With the right tools and guidance, older adults can make confident ...

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 ...

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 ...

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 ...

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 ...

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 ...

If you're self-employed and want to save for retirement, consider an individual 401k. Photo: TaxCredits.net Whether salaried or self-employed, we all need to be socking money away for retirement.

You don't have to get a big deal on Shark Tank to need tax planning for your business. If you want to minimize your taxes on your 2023 income, check out the Solo 401(k) and the related limits and ...