Retirement Plans

Types of Retirement Plans

• 401(k) plans are open to all types of businesses and offer the most flexibility (in terms of contributions, loans and vesting, for example).
• Solo 401(k) plans offer many of the advantages of a regular 401(k) for a company that does not have employees.
• SIMPLE IRAs are available for employers with less than 100 employees. Annual fees are lower than those of 401(k) plans.