Navigating the labyrinthine world of IRS forms can often feel daunting, especially for those from different fields other than financial planning. Amidst this complexity, solo 401k plan holders having more…
This guide presents an extensive analysis of the Charles Schwab solo 401(k) plan. Kindly note that the scope of this guide is exclusively centered around the Solo 401(k) or Individual…
How to buy stocks in Canada-Fundamentals This is a guide for “How to buy stocks in Canada beginners“.
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…
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.…
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…
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…
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…
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…
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…
