Small Business Retirement Plans
Schwab offers plans for businesses of any size. Use the information here to begin narrowing your options, or simply give us a call for help choosing the right plan for your business, whether your company employs one or many.
Individual 401(k) plan
-
Individual 401(k) plans
Who it's for:
Owner-only businesses with no employees
Key features:
- All the benefits of a traditional 401(k)
- High contribution limits
- Easy to administer
-
SEP-IRA
Who it's for:
Owner-only businesses or those with just a few employees
Key features:
- No IRS filing or reporting
- Allows for contributions for you and any employees
- Easy to administer
-
SIMPLE IRA
Who it's for:
Businesses with up to 100 employees
Key features:
- Primarily funded with employee salary-deferral contributions
- Employer-matched contributions up to 3%
- An easy and economical plan to administer
retirement plans
-
Personal Defined Benefit Plan
Who it's for:
Owner-only businesses or those with up to five employees
Key features:
- Highest contribution limits
- Contributions are generally 100% tax-deductible
- Helps target your desired level of income in retirement
-
Business 401(k) Plan
Who it's for:
Businesses of any size
Key features:
- Permits a higher level of salary deferrals by employees than other plans
- Optional annual employer contributions
- Greater plan customization
-
Company Retirement Account (CRA)
Who it's for:
Businesses with an established retirement plan
Key features:
- An investment-only solution
- Access to Schwab’s full range of investment options
- $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1.