About 16.5 million people in the U.S. are self-employed, according to 2023 data from the Bureau of Labor Statistics. For many of these workers, planning for retirement has its own quirks and ...

What advisers need to know about Solo 401(k)s and SEP IRAs. For self-employed individuals, freelancers, and small business owners without full-time employees, securing the right retirement plan can be ...

How Does a SEP-IRA Work? A listener named Wasittha asked me the following question: “I’ve been trying to max out my IRA and 401(k). However, I’ll be unemployed next year for a while–hopefully not for ...

Financial advisors with clients who have owner-only businesses, or who fit that description themselves, may find appeal in a variation of the popular corporate 401(k) plans that have been around for ...

Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in other ways. The SECURE 2.0 Act allows employers to contribute to SIMPLE IRAs ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. You now have an extra month to lower your tax bill with contributions to your individual retirement account (IRA). Just like last ...

Learn how Roth IRAs can help freelancers build tax-free retirement savings, gain flexibility, and balance unpredictable ...

If you're a business owner, there exist several retirement plans that may meet your needs, but the simplest and least costly is the simplified employee pension IRA. Here are a few things every ...