Title: Top Picks for Self-Employed Retirement Plans in 2025
Introduction:
When it comes to saving for retirement as a self-employed individual, a solo 401(k) can be a great option. In this article, we will explore the best brokerages for setting up a solo 401(k) in 2025.
Key Points:
1. Fidelity
2. Charles Schwab
3. Vanguard
4. TD Ameritrade
5. E*TRADE
Content:
If you’re self-employed and looking to set up a solo 401(k) in 2025, you have several great options to choose from. Here are our top picks for brokerages that offer excellent solo 401(k) plans:
1. Fidelity:
Fidelity is a well-known brokerage that offers a wide range of investment options for solo 401(k) plans. They have low fees and excellent customer service, making them a top choice for self-employed individuals.
2. Charles Schwab:
Charles Schwab is another popular brokerage that is known for its low fees and user-friendly platform. They offer a variety of investment options for solo 401(k) plans and have a strong reputation in the industry.
3. Vanguard:
Vanguard is a trusted name in the world of investing, and they also offer excellent options for self-employed individuals looking to set up a solo 401(k). With low fees and a wide range of investment choices, Vanguard is a top pick for many solo 401(k) investors.
4. TD Ameritrade:
TD Ameritrade is a well-established brokerage that offers a comprehensive suite of investment options for solo 401(k) plans. They have competitive fees and a user-friendly platform, making them a solid choice for self-employed individuals.
5. E*TRADE:
E*TRADE is known for its robust trading platform and wide range of investment choices. They offer solo 401(k) plans with low fees and a variety of investment options to help self-employed individuals save for retirement.
Conclusion:
Setting up a solo 401(k) is a smart way for self-employed individuals to save for retirement, and choosing the right brokerage is key to maximizing your savings. Consider one of the top brokerages mentioned above to help you reach your retirement goals in 2025 and beyond.