Updated for 2019. The Individual (or Solo) 401(k) plan is very similar to a Traditional 401(k) plan, only designed for business owners with no employees. Compared to the other types of retirement […]
Updated for 2019. Can I contribute to more than one retirement plan? This is a common question for individuals that are not employed full-time in their business – independent consulting is a common […]
Updated for 2019. Self-employed business owners have several retirement plans to choose from, and for small companies, the SEP IRA and Individual 401(k) are the most common. Determining which plan is […]
Updated for 2019. After changing jobs you may find that your 401(k) has stayed with your old employer. As you consider your options, you may consider converting an old 401(k) to a Roth IRA. A Roth […]
This article was originally published on U.S. News by Kristin McFarland, Wealth Advisor at Darrow Wealth Management.
Updated for 2019. It can sometimes be difficult for business owners to plan for retirement while keeping up with the demands of running a company. Setting up a retirement plan may seem daunting or […]
Updated for 2019. Have you ever wondered what you should do with an old 401(k)? When most of us change employers we’re so focused on what’s ahead that we often forget about the old 401(k) we may have […]