Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other ...
Even choosing the very best investment options still won't provide you with the kind of returns you'll get with this one ...
In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...
<span style="font-weight: 400;">Starting with the 2025 tax year, the SECURE Act 2.0 requires employers that establish new 401(k) or 403(b) plans to auto-enroll ...
The main difference between retirement plans are how they treat contributions and taxes on withdrawals during retirement.
In a way, SIMPLE and SEP IRAs are like 401(k) plans in that they’re all employer-sponsored retirement accounts. However, as ...
Small business plans that require no testing such as a SIMPLE IRA sound great on paper, but they create a nightmare when you want to save more ...
For employees aged 50 and older participating in SIMPLE plans, the catch-up contribution limit is $3,500. What Are the Types of 401(k) Plans? Employers can offer several types of 401(k ...
setting up a 401(k) plan is anything but simple. Companies that want to offer 401(k) savings plans to their employees must ensure they don't run afoul of complicated government rules. A key ...
If you're juggling student loan payments and struggling to save for retirement, there's some good news. Thanks to a new ...
They work much the same way as 401(k) plans: you can opt to divert part of your salary into the plan, and the money is automatically deducted from your paycheck before taxes are taken out.
With a new year often comes tax changes, and those who save money in tax-advantaged retirement accounts like IRAs and 401(k) plans may be wondering what is in store for these accounts in the ...