Overview: Top online brokers for a solo 401(k) in 2025 Fidelity Investments. Fidelity Investments is a great place to open a ...

A solo 401(k) may be the best retirement account for those with a one-person small business, meaning it’s great for those with a side hustle or even a main gig. It can also work for those firms ...

A solo 401(k) allows self-employed people to save more for retirement. Find out if this tax-advantaged retirement account is right for you. Many, or all, of the products featured on this page are ...

But past surveys have indicated that fewer than two-in-ten of the self-employed who work in a solo business have a retirement account that they fund. It’s woefully low when compared to rates of ...

Solo 401(k) allows business owners with no employees to set aside up to $70,000 in 2025. Additional catch-up contributions up to $11,250 are available for certain age groups. Self-employment tax ...

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 Simplified Employee Pension (SEP) IRA can be an excellent choice.

There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all ...

Freelancers who don't have any employees generally have two main options: a simplified employee pension or a solo 401(k). Here's how they both work and how to pick the best plan for you.

Taxpayers can make contributions to a solo 401(k) that they have established and maintain for the business, and an IRA, as long as they have income from their business, says Denise Appleby ...

All older adults need a team of people around them as they age, especially solo agers. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more ...

Here’s the rundown on both plans, including advice on how to decide which is the best fit for you. Solo 401(k) tax-advantaged accounts Often referred to as a solo-k or individual 401(k ...