• Print
  • Default text size A
  • Larger text size A
  • Largest text size A

Overview

This course is designed to help you choose the right plan for your small business. You’ll learn about three retirement plans: SEP IRA, SIMPLE IRA, and the Self-Employed 401(k). We’ll show you where to start in the decision making process and the nuances of each plan. Understanding your options may help you save more for retirement and lessen taxes.

Objectives

When you complete this course, you will :

  • Be familiar with the retirement plan choices available for small businesses or sole proprietors
  • Understand the different features of each plan
  • Be able to make an educated decision on which plan is right for you
Course Outline
Title Type Highlight
1. Selecting a small business plan Video
close

This lesson gives you an overview of the choices available for small businesses. Keep your priorities and goals in mind while watching this video. The following lessons will go into greater detail of each retirement plan.

This lesson gives you an overview of the choices available for small businesses. Keep your... More
2. Understanding the SEP-IRA Article
close

The SEP IRA is easy and inexpensive to set up and maintain. SEP IRAs are funded only by employer contributions; employees can’t contribute on their own behalf.

The SEP IRA is easy and inexpensive to set up and maintain. SEP IRAs are funded only by employer... More
3. Understanding the SIMPLE IRA Article
close

SIMPLE IRAs are limited to businesses with 100 employees or fewer.  SIMPLE IRAs are easy to open and maintain, making them a potentially good option for business owners who not only want to provide a retirement plan, but want to make a financial contribution toward their workers’ savings.

SIMPLE IRAs are limited to businesses with 100 employees or fewer.  SIMPLE IRAs are easy to open and... More
4. Understanding the Self-Employed 401(k) Article
close

In many ways, the Self-Employed 401(k) works the same way as a standard 401(k). Because participants are acting as both employer and employee, they can set aside more money each year than they could under a traditional 401(k), IRA, or other small business retirement account

In many ways, the Self-Employed 401(k) works the same way as a standard 401(k). Because participants... More

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.

688144.1.0