401khelpcenter.com Logo

    

Small Business Retirement Plans: How Firms Perceive Benefits and Costs - At any given time, only about half of U.S. private sector workers are covered by an employer-sponsored retirement plan, and few workers save without one. The coverage gap, which undermines the retirement security of the nation's workers, is driven by a lack of coverage among small employers. This article presents the results of a new survey of small employers to understand why some offer retirement plans and others do not.

Pooled Employer Plans vs. SIMPLE IRA - There are now many different retirement plan options for employers. It is becoming more common to see Pooled Employer Plans and SIMPLE IRAs evaluated against one another. Both types of plans can be good options for the right situation. This chart takes a look at the differences between the two plans.

Small Business Retirement Plan Options - 2024 - This 4-page chart compares the four common types of plan designs often utilized by small employers.

Solo 401k Plans Eligible for Up to $1,500 in Tax Credits - SECURE 2.0 auto-enrollment tax credit provides a "substantial incentive" for self-employed individuals to open Solo 401ks. The auto-enrollment tax credit also provides substantial incentives even when upgrading an existing plan.


Resources

A glossary retirement plan and investment terms available here.


Information on Small Business Plans

Starting a small business retirement savings plan can be easier than you think. Here are some resources on a varity of retirement plans available to the small business person.

Small Business Retirement Plan Options - 2024 - This 4-page chart compares the four common types of plan designs often utilized by small employers.

DOL's 401k Plans for Small Businesses

Choosing a Retirement Plan for Your Small Business -- In this piece you will find a chart outlining the advantages of each of the most popular types of IRA-based and defined contribution plans and an overview of a defined benefit plan.

Retirement Plans FAQs Regarding SEPs

FAQs Regarding SIMPLE IRA Plans

SEP Retirement Plans for Small Businesses

Simple IRA Plans for Small Businesses


About | Glossary | Privacy Policy | Terms of Use | Contact Us

Creative Commons License
This website is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.