If you’re a high earner, you could convert after-tax income into a Roth account and never pay tax on it again.

Forbes contributors publish independent expert analyses and insights. If you are a business owner who wants to maximize your tax savings on your 2024 income, check out the Solo 401(k) and the related ...

Navigating contribution limits for saving can easily have you missing out on opportunities to save on your taxes. Whether you are a Baby Boomer, Gen-Xer, or Millennial, understanding the rules for ...

What advisers need to know about Solo 401(k)s and SEP IRAs. For self-employed individuals, freelancers, and small business owners without full-time employees, securing the right retirement plan can be ...

Question: “I am looking at opening a solo 401(k) through my adviser. Their proposed fees are an adviser fee of 1.25% and an investment cost of 0.71%. The total estimated cost to me is 1.96%, plus ...

A solo 401(k) plan is a retirement savings option for self-employed individuals or small business owners with no employees, aside from a spouse. When an individual owns multiple businesses or has a ...

Charles Schwab offers a range of retirement plans for small business owners and self-employed professionals. These include the individual 401(k) and business 401(k), which stand out for the plans’ ...

401(k)s A variety of brokerage firms and mutual fund companies offer self-employed workers solo 401(k) accounts that are versatile and charge low fees.

American workers investing in a 401(k) are more confident in reaching their retirement goals than they were last year, according to new research. The Charles Schwab survey conducted by Logica by users ...