If you’re self-employed, managing your finances can seem like a nebulous task that only gets more challenging the longer you go without paying attention to it. You might not know where or how to get started when you're first getting started. After all, financial...

Most people know that they don’t want to work for the rest of their life. However, they also want to enjoy their golden years without fretting about whether they can afford their current lifestyle. This problem plagues many people in the years leading up to...

Business owners have plenty of decisions to make before opening the doors to their new endeavor. From thinking about benefits for employees to payment structure, owners are often inundated with decisions to make. With all of this to think about, they frequently forget...

Most people already know how crucial it is to prepare for retirement as early as possible. Unlike full-time employees who may have access to 401(k) plans and other company-supported retirement plans, self-employed individuals must take the initiative to set up their...

As an employer who sponsors a retirement plan, you’ll need to complete IRS Form 5500 on an annual basis. That’s not just the case for major employers, either. Even if you’re self-employed and have a solo 401(k), you still have to file this form to avoid penalties or...

No matter where you are in your career, you should have a plan in place to save for retirement. While some people contribute to a 401k through their employer, this isn’t an option for everyone. Notably, self-employed people need to have alternative plans in place for...