We receive many questions on the differences between the SEP-IRA and the Solo 401k for self-employed business owners. Is one retirement plan "better" than the other? Well, we believe that the Solo 401k truly "outperforms" the SEP-IRA when you compare the different features of each type of retirement plan.
To see a great comparison between the SEP IRA vs. the Solo 401k and to take a look at the different features between the two plans, 2015 contribution amounts as well as 2015 contribution amounts, click here.
We're passionate about helping self-employed individuals save for retirement. If you'd like to learn more, please contact us.