On a recent episode of NerdWallet’s Smart Money Podcast titled Is College Worth It in 2026? Plus, How to Split Solo 401(k) ...

If you’re self-employed, saving for retirement can feel overwhelming — especially without access to a traditional employer 401(k). That’s where the Solo 401(k) comes in. Also called an individual ...

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 ...

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 ...

A solo 401(k) plan is a retirement savings option for self-employed individuals or small business owners with no employees, aside from a spouse. When an individual owns multiple businesses or has a ...

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 ...

Self-employed individuals can contribute to a Solo 401(k) in two layers, $24,500 as an employee plus up to 20-25% of net income as an employer, reaching the $72,000 annual ceiling in 2026, with an ...

Question: “I am looking at opening a solo 401(k) through my adviser. Their proposed fees are an adviser fee of 1.25% and an investment cost of 0.71%. The total estimated cost to me is 1.96%, plus ...

Contributions to retirement accounts like 401(k)s must be made by Dec. 31, while contributions to individual retirement ...

A Solo 401(k) can supercharge your retirement savings by allowing a generous "employer match." As a business owner, you can decide whether to pay taxes on your income now or after you begin making ...