Saving for retirement is fraught with rules and regulations, making it more challenging to figure...
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Solo 401(k) Spouse Rules & Contributions
Saving for retirement may not be the most exciting thing to think about when setting up your new business, but it is essential for your comfort and security in the future. One of the most advantageous savings accounts is a Solo(k), which is designed for self-employed...
Funding Your Solo 401(k) With Rollovers
When you’re ready to go into business for yourself, there’s so much to think about – including a plan for your eventual retirement. Even though it may be decades away, automatic contributions and matches from your old employer might not be enough to carry you through...
4 Tax Planning Tips For Solopreneurs
Tax planning is one of the most dreaded tasks for business owners, but preparing well can save you significantly on what you owe to the IRS. Solopreneurs have a long list of deductions they can take to save money on their taxes if they know where to look. From Solo...
Your Guide to the Withdrawal Rules of Solo 401Ks
Business owners looking toward the horizon of their golden years will want to carefully consider what type of investments they should make. A Solo 401(k) is an excellent retirement plan for those who are lucky enough to be self-employed because it features high...
How Many 401(k)s Can You Have?
It shouldn’t come as a surprise to say that a 401(k) is an incredible tax-advantaged retirement savings account when it comes to workplace benefits. But if you move companies or have more than one career, you might be wondering if you can have multiple 401(k)s – one...
How to Get a Form 5500-EZ Extension
Filing your taxes is complicated under the best of circumstances – especially when you have to file multiple forms depending on your personal and business tax situation. One of the most overlooked forms is the 5500-EZ, designed for Solo(k) holders. While it's...