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 ...

Picking the right retirement savings plan and maximizing retirement savings can be a complex landscape to navigate, but it’s key to staying fiscally fit in the twilight years. Retirement planning is ...

How Does a SEP-IRA Work? A listener named Wasittha asked me the following question: “I’ve been trying to max out my IRA and 401(k). However, I’ll be unemployed next year for a while–hopefully not for ...

There are a plethora of ways to save for retirement. Setting money aside in a savings account or stuffing it into your mattress are simple, relatively risk-free ways to save, but these strategies ...

Self-employment definitely has an upside. You have a lot more control over your life when you work for yourself. The inevitable trade-off is that you lose the perks that many employees take for ...