Account Types
Helping Individuals and Business Owners Plan For Retirement
We offer a variety of individual, small business and company retirement plans and account types. These accounts offer employers and employees tax-advantaged ways to save for retirement with flexible funding and tax-deductible contribution options. Our open architecture platform and investment advice gives you a wide range of investment choices and we help you set up a plan that's right for you or your business and retirement goals.
Small Business Retirement Accounts
Solo 401k
The Solo 401(k) offers high contribution limits and flexible investment choices. This plan allows single owners of a business to contribute to the plan in the capacity of both employer and employee, providing owners the ability to maximize their personal retirement contributions and their business deductions. Learn more in this Solo 401k Guide.
SEP IRA
A Simplified Employee Pension (SEP) IRA is a retirement plan best suited for self-employed individuals and small business owners looking for tax-deductible contributions, tax-deferred growth, hassle-free account maintenance and a flexible contribution schedule.
SIMPLE IRA
A Savings Incentive Match Plan for Employees (SIMPLE) allows both the employer and employee to contribute to employee retirement accounts, with tax benefits for employer contributions and the ability for employees to make pretax contributions. This plan is intended for businesses with steady profits.
Profit Sharing Plan
Profit-sharing plans reward employees with a percentage of company profits, although contributions do not have to be based on profits. Employer contributions are discretionary and provide tax benefits for both the employer and employee.
Individual Retirement Accounts
Traditional IRA
An Individual Retirement Account, or IRA, is an account that lets you invest and save funds for retirement, which can give you significant tax advantages. The most common IRA’s are Traditional and Roth. Provided that you are aware and abide by the rules and restrictions, an IRA can be one of the most efficient, cost-effective, and beneficial vehicles you have for funding your retirement.
ROTH IRA
A Roth IRA is a popular individual retirement account that you fund with after-tax income. Although you can’t deduct your contributions on your income taxes, all future withdrawals that follow Roth IRA regulations are tax free.
Company Retirement Accounts
401(k)
A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren’t paid until the money is withdrawn from the account.
403(b)
457
The 457 plan is a type of nonqualified, tax advantaged deferred-compensation retirement plan that is available for governmental and certain non-governmental employers.