05/19/2026
If you’re self-employed, your retirement plan can also become one of your most important tax planning tools.
Many business owners automatically open a SEP IRA without realizing that a Solo 401(k) may provide greater flexibility and potentially higher contribution opportunities at certain income levels.
The right strategy depends on several factors, including:
• business structure
• income level
• payroll setup
• long-term goals
• whether Roth contributions make sense for you
With several SECURE 2.0 retirement plan changes taking effect in 2026, proactive planning has become even more important for many business owners.
Retirement planning is not one-size-fits-all, and the best option is not always the most commonly used one.