WebFeb 2, 2024 · Business loans and lines of credit Factoring 1. Savings The first option for financing a start-up business is drawing money from your personal savings, otherwise known as bootstrapping. On the pro side, starting a business using cash pulled from your own assets means you’re not going into debt right off the bat. WebNov 20, 2024 · The maximum employee contribution for 2016 is $18,000. The employer can match up to $35,000 for a total of $53,000. Individuals over 50 can add a catch-up contribution of $6,000 for a total of $59,000 annual contribution. Self-employed individuals can also take advantage of this option by setting up a solo 401k plan.
Personal Finance - Definition, Overview, Guide to Financial Planning
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What Is Financial Planning? A Guide - NerdWallet
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