Saving for Retirement


Comparing Self-Employed Retirement Plans: Solo 401(k) vs. SEP IRA vs. SIMPLE IRA

Here’s how three common retirement savings plans for self-employed workers stack up based on contribution limits, costs and more.

By Mary Kane, Associate Editor
February 21, 2018
From Kiplinger’s Retirement Report

Whether you’re a full-fledged small-business owner or you just run a business on the side, there are several smart ways to save for retirement that are specifically designed for the self-employed. Here’s a comparison of three popular self-employed retirement savings plans: the solo 401(k), the SEP IRA and a SIMPLE IRA. See which option is right for your retirement planning needs. Read more…

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