If you’re self-employed, you have multiple options when it comes to saving for retirement. Of course, an individual ...

A SEP is a retirement plan based on an individual retirement account (IRA) into which business owners can make pre-tax contributions for both themselves and their eligible employees. It is ideally ...

In a SEP IRA, only employers contribute, and the contribution is typically a percentage of the employee's salary. For 2025, the contribution limit for SEP IRAs is either 25% of the employee's ...

and SEP IRAs (Simplified Employee Pension Plan) are retirement plans designed to benefit small businesses and self-employed individuals, but they differ in their structure and contribution limits.

The gig economy burst into the mainstream during the COVID-19 years, but it has built a new resiliency in 2025. While freelance work was previously a hustle culture, professionals today are finding ...

Self-employed individuals and small business owners using Simplified Employee Pension (SEP) IRAs will see their contribution limit rise to $70,000 in 2025. For SIMPLE plans, the contribution limit ...

In a recent episode of "Ask The Hammer," financial expert Jeffrey Levine addressed a question about maximizing retirement savings for individuals with multiple income streams. The scenario involved a ...

While many of us are limited in our options for retirement by our finances, most of the details of which type of retirement ...

But when you do choose to make contributions, you must contribute not only to your own SEP IRA, but the SEP IRA of every eligible employee.

However, there's a limit to how much you can contribute ... such as traditional IRAs, Roth IRAs, SEP IRAs and SIMPLE IRAs, we chose to focus on only traditional IRAs for this ranking.

The same contribution limits, tax benefits ... a $150 reward while you save for retirement. Available for IRA Rollovers, Roth, SEP, Employer Plan 401(k)s and new or existing Traditional IRAs.