Michael Torres
CPA, Former IRS Revenue Agent
Planning Retirement as Self-Employed
Building retirement savings without employer 401k.
In This Article
Recommended Platforms & Tools
How to Get Started
Choose account type
Solo 401k, SEP IRA, or IRA.
Open with brokerage
Fidelity, Schwab, or Vanguard.
Set contribution schedule
Regular contributions.
Invest appropriately
Index funds for simplicity.
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FAQs
Which account is best?
Solo 401k usually allows highest contributions.
How much should I contribute?
As much as possible; at least 15% of income.
What tools are best for Planning Retirement as Self-Employed?
Top tools for planning retirement as self-employed include solo-401k, sep-ira, betterment, wealthfront. The best choice depends on your specific requirements, budget, and existing workflow. Our tool recommendations include detailed analysis of each option.
Related Use Cases
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Setting Up Gig Worker Banking
Organizing finances with accounts designed for self-employed.
How We Research & Review
Our team includes CPAs, former gig workers, and financial experts who personally test platforms and verify earnings claims. We follow strict editorial guidelines to ensure accuracy and objectivity.
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Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.