Best retirement plan for a one-person company

7 votes

Comparing SEP, solo-k, profit sharing, cash balance, defined benefit plans when no employees are a consideration

Under consideration Suggested by: Mark Wilson (23 May, '21) • Upvoted: 17 May, '22 • Comments: 3

Comments: 3

10 Jun, '22
ChrisGranger Admin
"SEP vs. Solo 401(K)" (suggested by Alejandro on 2022-05-17), including upvotes (1) and comments (0), was merged into this suggestion. Original comment from merged suggestion: "Many small business owners are asking which of the two to use - an easy-to-read flow chart would be extremely helpful. FpPathfinder already has a table outlining all retirement plans but one that focuses on the two in question would be easier to digest."
10 Jun, '22
ChrisGranger Admin
"How much can a sole-proprietor contribute to a solo-401(k) as an employer?" (suggested by Lavina Nagar on 2021-10-19), including upvotes (2) and comments (0), was merged into this suggestion.
10 Jun, '22
ChrisGranger Admin
"Maximizing tax deferrals: SEP IRA versus Individual 401k" (suggested by Amy Mahlen on 2022-03-25), including upvotes (1) and comments (0), was merged into this suggestion.