Owning a business is no joke. As the boss, you're responsible for ensuring customers are happy, taxes are paid, and your competition is in the rearview mirror. As challenging as it may be to be a solo ...

Opening a solo 401(k) — also called an individual 401(k) — allows self-employed individuals and business owners an opportunity to save for retirement. A solo 401(k) is a type of retirement account for ...

A Solo 401(k) is called many different things — a personal 401(k), individual 401(k), self-employed 401(k), Solo-k or Uni-k. No matter the name, they all translate into retirement savings plans for ...

If you’re self-employed, saving for retirement can feel overwhelming — especially without access to a traditional employer 401(k). That’s where the Solo 401(k) comes in. Also called an individual ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Most workers are at ...

A Roth solo 401(k) can make up for the loss of your access to an employer-sponsored retirement plan. Planning for retirement is crucial, especially for self-employed individuals or those without ...

Solo 401(k) plans are available to business owners with no employees (other than their spouse). These plans let business owners save up to $70,000 per year in 2025, or up to $140,000 with a qualifying ...