When you're self-employed, saving for retirement is entirely up to you—there's no employer-sponsored 401(k) plan you can rely on. This can make planning for retirement more challenging, but there are several retirement account options available specifically for the self-employed. You'll still want to take full advantage of tax-advantaged retirement accounts—these allow your money to grow tax-deferred until retirement age, when you'll likely be in a lower tax bracket.SEP IRA The Simplified Employee Pension (SEP) IRA is one of the simplest small business retirement plans to establish and maintain. With a SEP IRA, the employer can make substantial contributions for themselves and any eligible e
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