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2. What is a solo 401(k)? A great self-employed retirement option

   www.aol.com/finance/solo-401-k-great-self...

   So, if you have a full-time job with a regular 401(k) in addition to a solo 401(k) retirement account, the total contribution limit is capped when you reach the maximum allowed amount.

3. Keogh plan - Wikipedia

   en.wikipedia.org/wiki/Keogh_Plan

   Scenario #1 – A self-employed accountant makes $50,000 per year from her accounting business. Her maximum contribution is 25% of her post-contribution income ($10,000, which would be the same as saying 20% of her gross income), regardless of whether she uses a SEP-IRA, Keogh plan, or SIMPLE 401(k). Since there are less administrative costs ...

4. Self-employment - Wikipedia

   en.wikipedia.org/wiki/Self-employment

   However, there are various vehicles available to self-employed individuals to save for retirement. Many set up a Simplified Employee Pension Plan (SEP) IRA, which allows them to contribute up to 25% of their income, up to $54,000 (2017) per year. There is also a vehicle called the Self-Employed 401k (or SE 401(k)) for self-employed people. The ...

5. Roth solo 401(k): What it is and who should get one

   www.aol.com/finance/roth-solo-401-k-one...

   One key difference between the Roth solo 401(k) plan and other self-employed retirement plans is that employees can contribute all of their salary up to the annual maximum, and they’re not ...

6. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   A Simplified Employee Pension Individual Retirement Arrangement (SEP IRA) is a variation of the Individual Retirement Account used in the United States. SEP IRAs are adopted by business owners to provide retirement benefits for themselves and their employees. [1] There are no significant administration costs for a self-employed person with no ...

7. Retirement - Wikipedia

   en.wikipedia.org/wiki/Retirement

   In the U.S., average balances of retirement accounts, for households having such accounts, exceed median net worth across all age groups. For those 65 and over, 11.6% of retirement accounts have balances of at least $1 million, more than twice that of the $407,581 average (shown).