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A 401(k) plan is considered a top benefit to attract and keep talented employees. If you're a small business owner, you have extensive options to help you and your employees save for retirement.
Solo 401 (k) plans are intended for the self-employed. If you have employees and are looking for a retirement plan, then you have other options such as the SEP IRA or SIMPLE IRA, both of which ...
Here are the details on some of the best retirement plans for the self-employed, how much you can sock away and which plan may be best for you.
A Solo 401 (k) (also known as a Self Employed 401 (k) or Individual 401 (k)) is a 401 (k) qualified retirement plan for Americans that was designed specifically for employers with no full-time employees other than the business owner (s) and their spouse (s). The general 401 (k) plan gives employees an incentive to save for retirement by ...
The National Automobile Dealers Association ( NADA) is an American trade organization representing nearly 16,500 franchised new car and truck dealerships, both domestic and foreign.
A retirement plan is a financial arrangement designed to replace employment income upon retirement. These plans may be set up by employers, insurance companies, trade unions, the government, or other institutions. Congress has expressed a desire to encourage responsible retirement planning by granting favorable tax treatment to a wide variety of plans. Federal tax aspects of retirement plans ...
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