Be sure you understand the tax consequences before making the change Cathy Pareto, MBA and CFP®, is the founder and president of Cathy Pareto & Associates Inc. For more than twenty years, Cathy has ...
IRS Publication 590 explains the rules for setting up and managing individual retirement accounts (IRAs), including ...
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Solo 401(k) vs. SEP IRA: What’s the Difference?
A major part of retirement planning is choosing which type(s) of retirement accounts you want to use to hold your savings and investments. If you're self-employed, either a solo 401(k) plan or ...
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How to start a solo 401(k) for your side hustle — and boost your savings up to the $70,000 limit
Looking for ways to kick-start your retirement savings? If you’ve got freelance income, you could open up your own 401(k) plan and save well beyond the normal $23,500 you can in a workplace plan for ...
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