Solo 401(k)” is a marketing term used for a 401(k) plan that is adopted by a sole proprietor or an incorporated business with no employees other ...

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 ...

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 ...

Financial confidence is growing across generations, with 40% of Generation Z and 36% of Millennials feeling optimistic about ...

Overall, retirement plan options for 1099 workers have grown ... whichever is less. Sole proprietorships have a slightly lower limit of 20% of net earnings. While SEP plans are easy to set up ...

From sole proprietors to large corporations ... such as lower-level workers compared to managers and owners. Like some other retirement plans, employers can require the funds to vest, meaning that ...

The landscape of financial services is rapidly evolving to meet the everchanging needs of an aging population. As life expectancy increases and retirement ...

Growing a business is a journey filled with opportunities and challenges. From securing initial funding to managing complex financial structures, businesses require expert financial guidance at every ...

When an individual has income from separate, unrelated businesses, they can establish distinct retirement plans for each ... role in determining contribution options: - For a sole proprietorship, ...

LANSING — Business groups are bracing for a battle over Gov. Gretchen Whitmer's planned call for a corporate income tax ...