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2. SEP IRA vs. Solo 401(k): Find the Best Match for You

   www.aol.com/sep-ira-vs-solo-401-231708235.html

   Contribution limits: In 2023, the maximum contribution limit for a SEP IRA is $66,000 or 25% of compensation, whichever is less. For solo 401 (k) plans, the contribution limit is $66,000 or 100% ...

3. A complete guide to SEP IRAs: Why those who are self ... - AOL

   www.aol.com/finance/complete-guide-sep-iras-why...

   SEP IRA basics: Make tax-deductible (traditional) or after-tax (Roth) retirement contributions as a self-employed person. Contribute the lesser of 25 percent of your income or $66,000 for 2023 ...

4. 5 Best Retirement Plans for the Self-Employed - AOL

   www.aol.com/5-best-retirement-plans-self...

   However, contribution limits are greatly reduced compared to some other plans, like the solo 401(k) or the SEP-IRA. Traditional and Roth IRA contributions are limited to $7,000 for 2024, with an ...

5. Comparison of 401(k) and IRA accounts - Wikipedia

   en.wikipedia.org/wiki/Comparison_of_401(k)_and...

   Total employee (including after-tax Traditional 401 (k)) and employer combined contributions must be lesser of 100% of employee's salary or $69,000 ($76,500 for age 50 or above). [5] There is no income cap for this investment class. $7,000/yr for age 49 or below; $8,000/yr for age 50 or above in 2024; limits are total for traditional IRA and ...

6. Which Can Get Me More Retirement Money: A SEP IRA or Solo 401(k)?

   www.aol.com/sep-ira-solo-401-k-130047117.html

   Continue reading → The post SEP IRA vs. Solo 401(k): Which Is Better? appeared first on SmartAsset Blog. When you're self-employed, you're in charge of choosing and funding your own retirement ...

7. Solo 401(k) - Wikipedia

   en.wikipedia.org/wiki/Solo_401(k)

   A Solo 401(k) Plan includes a $6000 catch-up contribution for plan participants over the age of 50, which is not the case for a SEP IRA. A Solo 401(k) Plan can offer the owner Roth contributions, even in the case where the owner is otherwise not eligible to contribute to a Roth IRA due to the Roth's annual income limitation.