by Factor1 Development | Sep 23, 2024 | Blog
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...
by Retire4one | Aug 22, 2024 | Blog
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...
by Retire4one | Aug 14, 2024 | Blog
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...
by Retire4one | Aug 14, 2024 | Blog
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...
by Retire4one | Aug 12, 2024 | Blog
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...
by Retire4one | Aug 12, 2024 | Blog
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....