Retirement Planning for the Self-Employed
No employer plan? No problem. You have powerful options - and we will help you use them.
You Are Your Own Benefits Department
When you work for yourself, there is no HR team setting up your 401(k) or matching your contributions. But that does not mean you are stuck. Self-employed individuals actually have access to some of the most flexible and tax-advantaged retirement accounts available - you just need to know how to use them.
Challenges the Self-Employed Face
Irregular Income
We help you build a savings strategy that flexes with your income - contributing more in strong years and less when business is slow.
No Employer Match
You fund everything yourself, which makes tax efficiency critical. We identify every deduction and strategy available to you.
Self-Employment Tax
You pay both sides of Social Security and Medicare taxes. Smart retirement contributions can significantly reduce this burden.
No Safety Net
Without disability coverage or a company safety net, protecting your income and savings is even more important. We build protection into your plan.
Your Retirement Savings Options
You have more options than most people realize. Here are the most powerful retirement accounts available to self-employed individuals.
Solo 401(k)
As both employer and employee, you can contribute up to $69,000 per year (2024). Includes a Roth option for tax-free growth and the ability to take loans from your account.
SEP IRA
Contribute up to 25% of your net self-employment income, up to $69,000 per year. Simple to open, flexible to fund, and fully tax-deductible.
Roth IRA
Contribute after-tax dollars and enjoy completely tax-free growth and withdrawals in retirement. A powerful complement to tax-deferred accounts.
Traditional IRA
A straightforward option with tax-deductible contributions and tax-deferred growth. Contribution limits are lower, but it is a solid foundation.
Fixed Indexed Annuities
Protect your savings from market losses while still earning growth potential. A strong option for self-employed individuals who cannot afford to lose ground.
What We Do For You
Being self-employed means wearing every hat. Let us handle the retirement planning so you can focus on your business.
Start Building Your Retirement Today
Schedule a free 1-on-1 review and we will show you exactly which accounts and strategies make the most sense for your situation.
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