A Roth Solo 401(k) is a retirement account for business owners funded with after-tax contributions. There are no income limitatats to contribute to a Roth Solo 401(k).
Looking for a flexible retirement plan that meets your self-employment needs? A Solo 401(k) account can allow you to contribute both as an employee and employer, therefore increasing your potential savings to help make your retirement sustainable. If you need help deciding on a retirement plan, a financial advisor can walk you through the benefits […] The post How to Open a 401(k) for Yourself Without an Employer appeared first on SmartReads by SmartAsset.
Managers of 401(k) and similar workplace retirement plans are putting an increasing amount of money in private real estate investments, including commercial real estate funds and real estate investment trusts. This news comes according to a 2023 survey from the Defined Contribution Real Estate Council. In fact, as of Dec. 31, 2022, $59.1 billion was […] The post 401(k)s Are Investing Your Retirement Money in This Asset – What It Means appeared first on SmartReads by SmartAsset.