A case study of Sheila’s journey to entrepreneurship: She needed to decide if her investment of both time and money would be worth it. That’s when she decided to seek my professional guidance to help her untangle her thoughts and navigate her way forward.

If you are a small business owner, establishing a retirement account is essential! Two options available to you are an individual 401(k) or a SEP IRA.

Both individual 401(k)s (also known as solo 401(k)s) and SEP IRAs are retirement savings plans designed for self-employed individuals and small business owners. However, they have some key differences that can make one a better choice for you than the other.