Retirement Plans for Business Owners

Are You a Small Business Owner?

You Might Qualify

Whether you know it or not, you may be eligible for government-sponsored small business retirement plans such as a Solo 401(k), SEP or SIMPLE IRA. Being an investor could qualify you as self-employed, a sole proprietor or even as your own small business.

Reduce and Defer Taxes

With Potentially Larger Tax Deductions

Access our Guide to Small Business Retirement Plans to discover details regarding each plan, contribution and potential deduction amounts, eligibility and income requirements.

Open a Small Business Account

Discover the Equity Trust Advantage

Equity Trust offers account options that, if you qualify, allow higher yearly contribution amounts. Even if you already have a Traditional IRA or Roth IRA, it’s still possible to have other plans such as an Individual 401(k), SEP or SIMPLE IRA.

Sole proprietor? Consider a Solo 401(k)

The Solo 401(k) (also known as Individual 401(k), Self-Employed 401(k), and Solo(k)) is for sole proprietors and offers the same benefits of the 401(k), but it is designated for business in which only the owner (and their spouse) is an employee.

The Individual 401(k) has the option to be set-up with the added benefit of Roth-like tax-advantages.

Have employees? Consider a SEP or SIMPLE IRA

25 employees or less? Consider a SEP IRA

Simplified Employee Pension (SEP), is designed for self-employed individuals or small businesses with less than 25 employees.

100 employees or less? Consider a SIMPLE IRA

Savings Incentive Match Plan for Employees (SIMPLE) is a plan for small businesses, typically with 100 or fewer employees, that have no other retirement plans.

Pick the retirement plan that is right for you:

Try our Small-Business Plan Picker

Do you own your own business? Deciding which small business retirement plan might be right for you can be tricky. To help you figure out what may be best for you, answer a few simple questions about you and your business in our Plan Picker.