Tag Archives retirement contributions

solo 401K rules

There’s a lot to love about being your own boss. But, there is one huge drawback; not having an employer-sponsored retirement plan. Here are the rules for solo 401 k’s and the contribution limits in 2021. An employer-sponsored retirement plan might not have been something that you thought about previously. However, it’s essential if you […]

Roth IRA, business

As a business owner, you have an assortment of retirement options. These range from the straightforward, think an Individual or Simple 401 (k), to the more complex, such as a Money Purchase Plan or Profit Sharing. However, for many, the creme de la creme is a Roth IRA. Why? Because not only is able to […]

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