As exciting a venture as owning your own business can be, it can also be frightening, especially when you're not sure what kind of retirement plans are available for the self-employed. Choosing the right retirement plan can increase your retirement savings and open a variety of potential benefits for you and your employees. Not sure where to start? It’s all a matter of finding which of the many options will best help you build your future income. Discover which plan is right

The contribution limits for 2023 show a 7-11 percent increase for most contributions, reflecting the soaring inflation in our current economy. Here are some key increases to note.

Are you a small business owner or self-employed and looking for retirement planning options? If so, you might want to pick a plan that is designed specifically for people like you. A plan that fits your needs and has tax advantages to help your business.

A one-participant 401(k) plan, also known as a Solo-K or Solo 401(k) , is a traditional 401(k) plan designed for a business owner with no employees . It may also cover the business owner and his or her spouse. These plans must meet the same requirements and follow the same rules as any other 401(k) plan. These plans provide various benefits, including tax-advantages, to self-employed business owners and spouses. Let’s dive into the details of these Solo-K plans so you can ev