Ever since I immigrated to Canada as a Permanent Resident (PR), I have been exploring ways to “how to buy stocks in Canada”. Bank savings do not pay you as much as a properly researched stock investment. Based on my…
I will say, if you are self-employed, or a freelancer or a small business owner (with zero employees other than your spouse), you should consider a solo 401k retirement plan. I have been reading and writing about the plan quite…
Solo 401k-one of the best retirement options for self-employed individuals and small businesses with zero employees. This guide stipulates the solo 401k contribution limits-how much can you contribute in a solo 401k in a given year. This is my favorite…
Defined Benefit Plan and Defined Contribution Plan are two types of retirement accounts. This guide “Defined Benefit vs. Defined Contribution Plans”, finds out what these plans are, what are the differences and also the advantages and disadvantages of both the…
Can you have multiple retirement accounts? If you are someone who works freelance in addition to your day job, or someone having two or even more jobs, chances are you are thinking of opening multiple retirement accounts to maximize your…
Solo 401k vs SEP IRA: Introduction This guide offers a comprehensive comparison of Solo 401k vs SEP IRA. As a self-employed individual myself, I can understand how difficult a task it is to plan for my retirement. I mean, firstly,…
As a semi-self employed individual (I do have my day job also), I am always looking for better investment and retirement options for the self-employed and small businesses. Solo 401k is one retirement saving options which gives you the flexibility…
Pros and Cons Crypto IRAs A crypto IRA is simply an IRA (tax-advantaged retirement savings account) that can hold Bitcoin and other cryptocurrencies in its portfolio. But what are the pros and cons of crypto IRAs? Are crypto IRAs a…
Robinhood IRA Robinhood the popular brokerage platform has launched its Individual Retirement Account (IRA)-Robinhood IRA, for the self-employed. Unlike other non-employer IRA providers like Fidelity and Betterment, the Robinhood IRA makes matching contributions to your retirement savings which is 1%…
Since the introduction of Bitcoin in 2009, cryptocurrencies have gained traction. Investors have attained multifold profits on their investments in cryptocurrencies and that has led to people thinking of whether or not they could include cryptocurrencies in their retirement savings…
