What Is a Solo 401(k)? The 401(k) plan has gained popularity among small business owners ever since 2001, when some changes to federal tax law made it a better and more flexible choice for their ...

Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other ...

Many small business owners plan on retiring over the next several years but have 80% of their wealth tied up in their ...

Explore defined contribution plans such as 401(k)s, individual plans, such as Roth and traditional IRAs, plus plans for self-employed people, such as SEP and SIMPLE IRAs. Many, or all, of the ...

A Solo 401(k) – sometimes called an individual 401(k) or self-employed 401(k) – is designed specifically for small business owners who don ... retirement savings plan. Even if you've already ...

In 2024, Transamerica launched its DWC 401(k) Pooled Plan Solutions, designed to streamline retirement plan management for businesses, while WTW launched LifeSight PEP to leverage WTW’s global ...

Offering retirement plans to employees ... they often don’t serve the business owners who decide to provide them for their employees. Putting money in an IRA and 401(k) can prevent business ...

Effective January 1, the SECURE 2.0 Act makes part-time employees who have met service criteria eligible for ...

Pension Plan Specialists will act as the pooled plan provider, third-party administrator and 3(16) administrative fiduciary SWBC Retirement Plan Services will function as the 3(38) investment ...

Whether you're self-employed now or plan to start a small ... or self-employed 401(k) – is designed specifically for small business owners who don't have any employees (other than a spouse).