A supplemental executive retirement plan (SERP) can enhance your ability to save for retirement when you’ve maxed out other ...

If you’re a self-employed person, these differences can make it difficult to figure out whether a solo 401(k) or SEP IRA ...

Solo 401(k)s allow self-employed workers to save for retirement, acting as both employee and employer. Self-employed individuals can contribute up to $69,000 in 2024, increasing to $70,000 in 2025.

Individual retirement accounts: IRAs, or individual retirement accounts, are available in two types. Both of these confer tax advantages, just at different times: Self-employed retirement plans ...

However, such moves come with important tax implications that require careful planning. The Rules. The Internal Revenue ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

For an average single person planning to stop working at 64, a $1.2 million 401(k) account and $2,800 Social Security benefit ...

Simply answer a few questions about your household status, salary and retirement savings — for example, what you have in an individual retirement account (IRA) or 401(k). You can include information ...

Financial Planning A Roth IRA can be a great way to save for retirement since the accounts have no required minimum distributions and you withdraw the money tax-free.

By the time the average person is ready to declare bankruptcy, they've probably done everything they can to deal with a ...