Anyone, and I mean anyone, can become an IRA millionaire if given enough time. According to Fidelity, the number of IRA millionaires on its platform has grown 40% over the past year. That figure doesn ...

Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA for short. SEP IRA plans are easier to ...

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 ...

Key takeaways IRAs are a tax-advantaged way to save for your future. You can open an account even if you’re also investing ...

A SEP IRA is a tax-advantaged retirement account that’s an especially attractive option for workers who don’t have access to an employer-sponsored plan. The annual contribution limits for an SEP IRA ...

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 ...

An individual retirement account (IRA) is a type of tax-advantaged account you can use to save money for your retirement. With a simplified employee pension (SEP) IRA, you can enjoy having an IRA that ...

If you’re self-employed, you have multiple options when it comes to saving for retirement. Of course, an individual retirement account (IRA) is always on the menu, and two of the most popular IRA ...

Catch-up contributions, which are additional sums that individuals aged 50 and above can contribute beyond the standard limit, serve as a significant boon for those nearing retirement. However, their ...

Putting away as much for retirement as possible is important to make sure that long-term financial goals are reached. The simplified employee pension, or SEP IRA, does just that by allowing business ...