Small Business Plans
For small businesses, offering a retirement plan is a powerful way to show your team you care, building loyalty and securing their future, while also strengthening your company's position in the competitive talent market.
Individual 401(k) Plan
Owner-only business with no employees
Key features:
Key features:
- Traditional and Roth contributions
- High contribution limits
- Flexible annual contributions
- New! Age 60-63 catch-up available in 2025
SEP IRA
Owner-only businesses or those with employees
Key features:
Key features:
- No IRA filing or reporting
- Allows for employer contributions for eligible participants
SIMPLE IRA
Businesses with up to 100 employees
Key features:
Key features:
- Primarily funded with participant salary-deferral contributions
- Employer-matched contributions up to 3%
- New! Age 60-63 catch up available in 2025