SIMPLE and SEP IRAs, as well as solo 401(k)s, are great retirement plans for small business owners and self-employed individuals to capture tax-advantaged retirement savings for themselves and employees. These plans can be self-directed, allowing account owners to make their own investment choices and use alternative assets … Read More
The disparity in the amount of retirement savings women accumulate compared to men is vast according to experts. Some of this can be attributed to the fact that women as a whole tend to earn less than men who are employed in the same positions. But that … Read More
Simple employee pension plans, or SEP IRAs, are geared towards individuals who are self-employed, partners, and owners of corporations. These plans provide a low-cost and simple retirement savings option for people in these positions. These plans offer higher contribution limits than a traditional or Roth IRA. Administration … Read More
Retirement planning isn’t easy these days, especially if you’re getting started late in the game. The amount of money you need to retire depends on many things including but not limited to the quality of life you desire in your golden years, whether or not you want … Read More
