
Best retirement plans for the self-employed
Here are the details on self-employed retirement plans, including which may be the best.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Mercedes Barba is a seasoned editorial leader and video producer. Presently, she holds the position of Senior Editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Here are the details on self-employed retirement plans, including which may be the best.
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Charles Schwab offers a robust and cost-effective platform that offers something for everyone, from a wide array of commission-free funds to deep research to rich educational resources.
Fidelity made a name for itself with mutual funds that were ahead of the curve, and its online broker platform looks to help customers share in that success via in-depth research tools and low transaction costs.
Acorns offers a useful app for managing many aspects of your financial life, from basic spending to saving with its “round-up” feature to investing in a diversified portfolio of securities.
Betterment is one of the largest independent robo-advisors, and its wealth of features shows why. It offers two service plans, one with all the core functions (investing and cash management, rebalancing, tax-loss harvesting) and one that takes it up a level with unlimited access to human advisors.