With a higher contribution maximum and a lot of flexibility, the SEP IRA might be the retirement plan that best suits many ...

A SEP IRA allows the business to make employer ... save even more through the power of a solo 401(k). This 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.

Preparation for boom-and-bust cycles is a key component of retirement savings strategies for self-employed workers. Options such as a Solo 401(k), SEP IRA or SIMPLE IRA may offer higher ...

Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA for short. SEP IRA plans are easier ...

For self-employed workers, the 25% limit is based on net income. To calculate the maximum contribution, you must subtract any SEP-IRA contribution you plan to make, as well as the employer portion ...

Business owners and self-employed people who fund a SEP IRA are contributing as the employer, not the employee. Withdrawals from SEP IRAs before age 59 1/2 may incur a 10% penalty; funds can be ...

Fidelity, which offers both types of plans, has a self-employed plan calculator that compares the ... you can contribute $13,940 to a SEP IRA or $33,440 to a solo 401(k) (which is $19,500 as ...

A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a type of traditional IRA for small businesses and self-employed individuals ... Unlike SEP IRAs, SIMPLE IRAs allow employees ...