You probably already know about typical retirement savings accounts like the IRA and 401(k). But you may have access to a special retirement account that could supercharge your savings.

The solo 401(k) is designed for entrepreneurs with no employees besides themselves and a spouse. And if you make even a dollar of self-employment income, you're eligible to open an account and contribute. Here's why you might want to do that ASAP.

The solo 401(k) is a lot like the typical 401(k) you might be offered from your employer. The only difference is you get to act as both the employee and employer. That means your "company match" can be massive.

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Source Fool.com