“Americans running their own businesses wear many hats… [including] that of retirement benefits coordinator,” states today’s article. “If you’re an independent contractor or an entrepreneur, you have to fend for yourself when it comes to benefits, including retirement planning….” As such, the author outlines two retirement-planning vehicles for the self-employed – solo 401(k)s and SEP IRAs – and the benefits and restrictions of each. Which savings vehicle offers more flexibility? Which can be set up in a matter of minutes? Which might be “the best course of action for many contractors and freelancers”? CLICK HERE to find out.
