Take a look at the differences between these retirement savings plans Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the ...

Explore the differences between SEP and Keogh plans, designed for small business owners seeking higher retirement contributions. Choose the best option for your needs.

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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 ...

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 ...

SEP IRAs have a maximum contribution of $72,000 in 2026. Employers must contribute the same salary percentage to each eligible employee's SEP IRA. Roth IRAs offer more flexibility with withdrawals, ...

SEP IRAs allow small business owners to save for retirement; contributions are 100% employer-funded. SEP IRA investments grow tax-deferred, with Roth options available under Secure Act 2.0.

Hard to believe tax season 2022 has already begun. The SEP-IRA can help small business owners reduce their 2021 tax bills. It is hard to believe, but tax season 2022 has already begun, meaning it is ...

Cost and administrative complexity are two of the most frequently cited reasons small businesses give for not offering a retirement plan. But the Simplified Employee Pension (or SEP) IRA and the ...

The SEP IRA allows you to contribute up to 25% of your compensation, or $69,000 in 2024 and $70,000 in 2025. Remember, you can contribute to your SEP IRA all the way up until the tax deadline - April ...