Self-Employed? Are You Saving Enough for Retirement?
The self-employed are not saving for retirement, according to recent studies. But there are retirement plans available for them, like the Solo 401(k).
Pocket 401(k) Investing is the Future
What is the “Pocket 401(k)?” The IRA Financial Pocket 401(k) is essentially a Solo 401(k) in the palm of your hands. The Solo 401(k) is an IRS-approved retirement account designed specifically for self-employed individuals. No longer are you stuck in investing in the traditional assets most financial institutions offer. These are generally limited to stocks, […]
Solo 401(k) for Everyone – Even You!
Solo 401(k) for Everyone The Solo 401(k) is the best retirement plan for self-employed individuals. We think everyone should have one! In the following, we’ll discuss how a “Solo 401(k) for everyone” is possible. You don’t need to start your own business. You don’t need to make a ton of money. All you need is […]
Solo 401(k) vs. IRA – Which is Better?
When choosing between a Solo 401(k) vs. an IRA, there are many important factors to consider. Most importantly are the eligibility requirements. As long as you have earned income in a given year, you can contribute to an IRA. However, to fund a Solo 401(k), you must have some type of self-employed income. This can […]
