Learn how LLCs can set up a SEP IRA for retirement savings. Understand eligibility, contribution limits, and key considerations for business owners and freelancers.

Self-employed workers and small-business owners who want an easy and inexpensive retirement plan should consider a Simplified Employee Pension IRA, or SEP IRA for short. SEP IRA plans are easier to ...

Explore the differences between SEP and Keogh plans, designed for small business owners seeking higher retirement ...

The SEP IRA is one of the best ways for small businesses and individual business owners to help employees save for retirement, and they’ll be able to contribute even more in 2025 than in 2024. The SEP ...

About 16.5 million people in the U.S. are self-employed, according to 2023 data from the Bureau of Labor Statistics. For many of these workers, planning for retirement has its own quirks and ...

The SEP IRA is a great starter plan for a small business because it is easy to set up and maintain. Also, it provides funding flexibility with discretionary contributions. But sometimes, a small ...

If you’re self-employed, you have multiple options when it comes to saving for retirement. Of course, an individual retirement account (IRA) is always on the menu, and two of the most popular IRA ...

Putting away as much for retirement as possible is important to make sure that long-term financial goals are reached. The simplified employee pension, or SEP IRA, does just that by allowing business ...

What advisers need to know about Solo 401(k)s and SEP IRAs. For self-employed individuals, freelancers, and small business owners without full-time employees, securing the right retirement plan can be ...

Catch-up contributions, which are additional sums that individuals aged 50 and above can contribute beyond the standard limit, serve as a significant boon for those nearing retirement. However, their ...