While nonqualified plans have their place, the four most common retirement plan choices for small businesses are all qualified plans: Simplified Employee Pension Plans (SEP IRAs), Savings Incentive Match Plans for Employees (SIMPLE IRAs), profit sharing plans (PSPs) and 401(k) plans. No one c...
Diversify your retirement strategy beyond your plans for your business Q: How much more can I contribute to a workplace retirement plan than to a traditional or Roth IRA? A: Depending on which plan type you choose, you may be able to contribute nearly ten times more than a traditional or...
How do small business owners save for retirement? What sorts of savings plans are available for small business employees? You've got questions. We've got the answers.
Retirement Options for Small Business OwnersMary Mellem
Not sure which plan is right for you? Take our 5-minute quiz to compare small business retirement plans and find the right fit for your situation. Compare plans now Saving for retirement with an HSA If you’re enrolled in an HSA-eligible health plan, another long-term savings option to...
Prepare with retirement options that meet your unique needs Whether you are planning for your business, preparing for a child's future, or managing a legacy; we have account options for you. Plan with Small business retirement plans for business owners ...
5 Self-Employed Retirement Plans to Consider There are five main choices for the self-employed or small-business owners: an IRA (traditional or Roth), a Solo 401(k), a SEP IRA, a SIMPLE IRA or a defined benefit plan. Many, or all, of the products featured on this page are from our...
There’s a variety of reasons for this. In addition to the fact that there’s currently no legal requirement that employers offer retirement benefits, such as a 401(k) plan, many Americans don’t have access to these plans because they are self-employed or are contract workers. If you...
Because plan administrators lend money secured against your retirement funds, the loans usually offer low interest rates. That makes these loans the most affordable option for small-business owners, short of borrowing from friends or family.
Ch 5. Retirement Plans & Tax-Advantaged... Ch 6. Handling Customer Investment... Ch 7. Obtaining Supervisory Approvals for... Ch 8. Analyzing Customer Investment... Ch 9. Analyzing Customer Financial... Ch 10. Understanding Equity Securities Ch 11. Tax Treatment of Equity Securities... ...