Both a HSA and a 401(k) are for tax-advantaged savings—the former for health expenses only, and the latter for retirement.
A one-participant 401(k) or solo 401(k) is an attractive retirement savings option for self-employed workers or business ...
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 ...
Gig workers and small-business owners often overlook the solo 401(k). Here’s how the 2026 contribution limits work and why ...
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 ...
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 ...
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 ...
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 ...
Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. If you’re a solo entrepreneur, ...
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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 ...