The solo economy needs a retirement plan. Not just better invoices.
More than 50 million Americans now work for themselves: freelancers, consultants, fractional execs. Most of them do not have a real pension plan, just a savings account and good intentions.
Lettuce Financial wants to fix that. It started as an OS for solo workers: it helps you get an EIN, send invoices, file taxes, and track expenses in one place. Now they are adding tools for your future, not only for this month's cash flow.
The company just raised $28M from Zeev Ventures and acquired Besolo. Soon, in the same dashboard where you run payroll and taxes, you will be able to set up and manage Solo 401(k) and SEP IRA plans.
In simple words: Solo 401(k) and SEP IRA are US retirement accounts for self-employed people. They help you put money aside for the future and legally pay less tax today.
CEO Ran Harpaz, ex-Hippo Insurance and PayPal, is also working on an AI voice interface, so you can ask in your car, "How much tax do I owe and how much have I saved for retirement this year?" and get a clear answer.
Tens of thousands of solo workers already use Lettuce for taxes and payroll. The new funding will go into better retirement tools and smarter suggestions, so that "future you" finally gets as much attention as this month's clients.
As more people go solo, platforms that bundle admin, taxes, and retirement will become their default finance stack.
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