Self-employed and small business retirement plans

For businesses of all sizes, Fidelity has retirement plans to help you build for tomorrow, while saving on taxes today. Let's find your plan forward.

Save more of your earnings and invest for your future

Tax smart

Take advantage of plans that may reduce your taxable income.

Flexible savings

Build for your future with contribution opportunities that fit your work status.

No fees

No fees to open or maintain most plans with Fidelity.

Pick the Fidelity retirement plan that fits your situation


Whether you run your own business or are self-employed, Fidelity has options.

Self-Employed 401(k)

Explore your retirement as self-employed and owner-only businesses


A 401(k) plan for self-employed individuals with no employees other than a spouse.




Explore self-employed 401(k)

SEP IRA

Maximize your self-employed retirement savings


This is an easy-to-maintain plan if you're a self-employed individual or small-business owner with fewer than 5 employees.1




Explore SEP IRA

SIMPLE IRA

Get an employer-match plan for your small business


A low-complexity plan for businesses with fewer than 100 employees that are looking to offer tax-advantaged retirement plans.




Explore SIMPLE IRA

Fidelity Advantage 401(k)SM

An affordable 401(k) built for small businesses


A low-cost, simplified 401(k) for businesses with up to 1,000 employees offering a plan for the first time.




Explore Fidelity Advantage 401(k)

Fidelity 401(k)

Stand out with a 401(k) that offers more


An industry-leading2, customizable 401(k) that supports existing plans $1M and up.




Explore Fidelity 401(k)

Investment-only plan for small business3

Expand your investment options


This is a brokerage account for those who have their own separate retirement plan document and would like to include offerings from Fidelity.




Explore investment-only plan

Whether it's just you or you and your employees, we have a retirement plan that’s right for you. Take a look at how they compare and find one that fits your needs.


 
Self-employed 401(k)

SEP IRA

Fidelity Advantage 401(k)

SIMPLE IRA
Who is the plan best for?
Number of employees (including owners) 1 (+ spouse) 1 - 4 2+ 1 - 100
Who can contribute?
Owner green checkmark green checkmark green checkmark green checkmark
Employee(s) green checkmark green checkmark green checkmark
How do contributions work?
Electronic contributions green checkmark green checkmark green checkmark green checkmark
Employer contributions up to 25% of salary up to 25% of salary 4% match up to 3% match or 2% non-elective contribution8
Employee contributions In some cases up to $31, 0005 N/A In some cases up to $31, 0007 In some cases up to $21,4509
Max contribution amount In some cases up to $77,5004 $70,0004 In some cases up to $45,0006 varies
When can withdrawals be made?10
Once a triggering event has been reached (10% penalty may apply) Anytime (10% penalty may apply) Once a triggering event has been reached (10% penalty may apply) Anytime (10% or 25% penalty may apply)
What about fees and tax credits?
Account fees No account fees or minimums to open an account11 No account fees or minimums to open an account11 $300 / quarter No account fees or minimums to open an account11
Tax credits if offering a plan for the first time N/A green checkmark green checkmark green checkmark

Already have a 401(k) plan with another provider? Learn more about the support and value we can deliver with a Fidelity 401(k).

If you have a separate retirement plan established and you’d like to invest the assets in a Fidelity brokerage account, you may be interested in an investment-only retirement account.3

Not sure the right plan for you? Get a possible match with our easy-to-use tool


Answer questions about your needs, and our tool will match you with a plan that may make sense.


Start the Small Business Plan Selector

More resources for your small business

How to select a small business retirement plan


Watch and listen as we quickly break down how to select a plan that can be a big part of your success today and in the future.

Self-employed? Know your options for old accounts


Get a breakdown of your options for your old retirement or health savings accounts.

An HSA for your small business


See why a Fidelity HSA® makes sense for small businesses and their employees.

More ways to save for retirement


A Roth or traditional IRA can offer additional tax-advantaged ways to save beyond a self-employed or small business plan.


View all Retirement & IRA offerings