Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

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 ...

Discover if you can deduct IRA contributions based on your participation in employer-sponsored plans, filing status, and MAGI. Learn the rules you need to know.

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 ...

For many savers, the individual retirement account is the most flexible way to build a nest egg alongside, or even instead of, a workplace plan. Understanding what an IRA is, how it works, and which ...