Hale Nazari, an actress who currently lives in Los Angeles

If you are self-employed or a small business owner, figuring out how to save for retirement is your responsibility. The good news is you may have some better options to put even more money away per year than normal working stiffs and get the potentially huge tax benefits that can come with larger contributions. Things like SEP IRA’s, Solo 401(K)’s and even Defined Benefit plans may be available to you. If maintaining your quality of life in retirement isn’t enough motivation, many of these plans will help you lower your tax bill.

March 21, 2023 | 9:39 pm