Get With The Plan: Pair must build up cash while paying down debt

... retirement account for each of them that they can fund on a regular basis. Garth, who is self-employed, can set up a SEP IRA, an Individual 401(k), or at least a traditional IRA. The couple should consider rolling over the former employers' 401(k) ...

http://www.nj.com/business/index.ssf/2013/04/get_with_the_plan_pair_must_bu.html