1. Home
  2. Business & Finance
  3. Retirement Planning

Self-Employed Retirement Plans

Running your own business is full of twists and turns. Now, add retirement planning to the mix. Like the rest of your business, retirement planning opportunities are abound, and making the right decision is critical. Learn about SEP-IRAs, solo 401(k)s, Keogh plans, and SIMPLE IRAs.
Self-Employed Retirement Plan Options
Once you obtain status as a newly profitably self-employed individual, it's time to research the various types of retirement plans available to you as a business owner.
Keogh Plans: A Robust Self-Employed Retirement Plan Opportunity
Keogh plans are qualified retirement plans that may be established as either defined benefit or defined contribution plans. With high contribution limits and large tax incentives, Keogh plans present an opportunity self-employed individuals should carefully consider.
SEP-IRAs: An Important Self-Employed Retirement Plan Option
SEP-IRAs (Simplified Employee Pensions) are an excellent retirement planning opportunity for the self-employed. With high contribution limits and late deadlines, they provide for great flexibility and savings.
Self-Employed Retirement Planning: SIMPLE-IRAs
Learn the in's and out's of the SIMPLE IRA, another self-employed retirement plan worthy of your consideration.
An Overview of Self-Employed Retirement Plans
From SEP-IRAs to solo 401(k)s, self-employed retirement planning has a language of its own. Learn the differences between all the options business owners have as well as the advantages, disadvantages, and limitations of each.
SEP-IRAs
Simplified Employer Pensions Plans (frequently referred to as SEP-IRAs) are attractive retirement plan options for the self-employed. From high contribution limits to minimal record-keeping requirements, learn about the benefits of a SEP-IRA.
SIMPLE IRAs
A SIMPLE IRA is an easy-to-implement retirement plan for self-employed individuals. Since, like the other retirement plans, there are relative advantages and disadvantages of using a SIMPLE IRA, make sure you understand the nuances. Here's a good place to start.
Keogh Plans
Self-employed individuals have numerous retirement planning options. While some Keogh plans can be complicated, there are many that are easy to arrange. Find out if there's a Keogh that's right for you and your business.
Solo 401(k) Plans
Choosing the right self-employment plan might seem as cumbersome as choosing which business to start. It's not. A solo 401(k) plan is an easy, attractive plan that could be perfect for you. Learn the ups and downs of the solo 401(k) plan.
Explore Retirement Planning
About.com Special Features

Start your new business on the right foot with these helpful tips. More >

Easy steps to take control of your credit card debt. More >

  1. Home
  2. Business & Finance
  3. Retirement Planning
  4. Self-Employed Planning

©2009 About.com, a part of The New York Times Company.

All rights reserved.