Invest in Your Future with Defined Benefit Plans as a Solopreneur

As a solopreneur, planning for retirement is essential. Defined benefit plans offer a unique approach to retirement savings, providing guaranteed income during your golden years. In this article, we’ll discuss the advantages of defined benefit plans and how they can work for you as a solopreneur.

What is a Defined Benefit Plan? A defined benefit plan is a type of retirement plan that promises a specific monthly benefit during retirement, based on a formula that typically factors in your salary and years of service…