From Nasdaq: 2025-05-04 09:15:00

If you’re self-employed or your employer doesn’t offer a retirement plan, there are options like a Traditional IRA with a $7,000 contribution limit for those under 50. A Roth IRA allows tax-free growth with the same contribution limit. Consider a Solo 401(k) with a maximum contribution of $70,000 for those under 50. A SEP IRA offers a $70,000 contribution limit for 2025. Health Savings Accounts and taxable investment accounts are other options to consider. Make the most of your retirement savings to secure your future.

Don’t overlook Social Security benefits – maximizing them could mean an extra $22,924 annually. Learn the secrets to boosting your retirement income through Stock Advisor. Take advantage of strategies to retire confidently with peace of mind. View the “Social Security secrets” to ensure you’re making the most of your benefits.



Read more at Nasdaq: Best Places to Invest if Your Employer Doesn’t Offer a Retirement Plan