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...

Many small business owners and self-employed individuals struggle to know where to get started with retirement savings through their businesses. A Solo(k) is a type of self-employed retirement plan and one viable option, as it gives you the flexibility to save more...

How can you make the most of your retirement savings plan from your employer, even if you happen to be self-employed? One of the most powerful tools is the salary deferral contribution that allows you to maximize your earnings and skyrocket a retirement savings...

When starting your own business, deciding on the type of business entity that you want to form is a crucial step of the process. You know you want to be self-employed, free to make a living on your own terms. Beyond that, you might have heard about being a sole...

Solo 401(k)s (or, as the IRS calls them, “one-participant 401ks”), enable self-employed professionals with no other eligible employees to save for retirement. To manage a Solo 401(k) account successfully, it’s important to keep up with your contribution deadlines....

Are you attempting to maximize contributions to your retirement savings account? If you’re self-employed, a Solo 401(k) may be an appealing choice for you, and you should certainly maximize it to prepare for retirement years from now. The question is: how much can you...