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“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine
If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.
Solo 401(k) plans are qualified retirement plans for self-employed…Continue
Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more challenging to decide what retirement account to choose. There is a big difference as well as similarities…Continue
“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz
How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…Continue
Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.
Here are some reasons self-employed business owners should consider Solo 401(k) plans.
Because the self-employed professional wears the dual…Continue