Archives for November 2022
Pension savers losing £1.7bn a year
Workplace pension scheme members are losing around £1.7bn a year during their transition into retirement due to choosing costly pathways to access their savings, according to a new report. Some are losing money due to withdrawing over the 25% tax-free lump sum. Others are buying products that are not the optimal solution for their circumstances, […]
Establishing Solo 401(k) Plans For Self-Employed Workers: Options, Contribution Limits, Deadlines, And More!
Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to […]
Establishing Solo 401(k) Plans For Self-Employed Workers: Options, Contribution Limits, Deadlines, And More!
Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to […]
Establishing Solo 401(k) Plans For Self-Employed Workers: Options, Contribution Limits, Deadlines, And More!
Among the several different types of retirement plans that are available to self-employed workers, solo 401(k) plans can offer the most flexibility and the ability to contribute the highest amount of tax-advantaged savings. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to […]
How UK sole traders can ease their financial admin burden with Xero Go
In my role as GM of Xero Go, I speak with sole traders, accountants and bookkeepers and have learned so much about the ups and downs of running a business solo. I’m always so inspired by anyone who takes the brave step to start their own business. I love the passion and determination they so […]
