Last Thursday's column on individual 401(k) plans for self-employed people -- dubbed solo(k) plans -- unleashed a flood of questions and comments about these and other retirement plans. I'll field as ...
It”s amazing how many people are eligible for two terrific tax-deferred retirement accounts and don”t take advantage of them. These are Keogh plans and Simplified Employee Pensions (called SEPs). You ...
Self-employed individuals are on their own when it comes to saving for retirement. One option available to them is the Keogh plan. These qualified retirement plans, although complicated, come with ...
The term earned income means, in general, net earnings from self-employment in a trade or business in which personal services of the individual are a material income-producing factor. 3 Thus, a ...
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...