No. of Recommendations: 0
The choice of retirement savings account that you use as a self-employed person can depend on a lot of things. My DH is self-employed, and over the years, he's had a SEP, a SIMPLE, and is now in a Solo 401k because for what he earns, that one allows him to put away the most money.

I really like the comparison chart on Fidelity for helping to decide which plan makes the most sense. I actually have DH's account at Fidelity, but that's because when I opened it, they were one of the few brokerages that offered one of these.

What I would do, however, is switch it from your current broker as the fees you are paying sound astronomical to me since DH pays no fees for his plan.
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