Solo 401(k) vs. SEP IRA for Uber & DoorDash Drivers (2026)

by
Solo 401(k) vs SEP IRA for drivers

A Solo 401(k) can allow a larger contribution than a SEP IRA at the same driving profit, but the advantage depends on unused employee-deferral room. If a day-job 401(k) already uses that room, the comparison changes. Hours driven and a fixed $30,000 income cutoff do not decide which account is right. This U.S. federal guide … Read more

Retirement Planning for Gig Workers: 2026 Account Rules

by
Young gig worker confidently planning their retirement and freelance finances on a laptop.

A freelancer can save for retirement without forming an LLC, but opening an account is only the first step. The useful questions are how much your business can contribute, which deadlines apply and how much cash you can leave invested. A headline contribution limit is not a promise that your income supports that amount. This … Read more