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. A 100% employer-funded retirement plan for businesses with or without employees.




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. A matching plan for businesses with employees that is funded by both employer and employee contributions.




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. An incentive-based contribution plan.





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. Certain income limitations apply.




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. Known as "the tax-free savings account."





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. 401(k) plans offer a host of benefits for employers and employees, such as tax-deffered growth, tax-deductable contributions and employer matching when available.




403(b)


A 403(b) plan, also known as a tax-sheltered annuity (TSA) plan, is a retirement plan for certain employees of public schools, employees of certain tax-exempt organizations, and certain ministers. The benefits of a 403(b) plan are tax-deferred growth and tax-deductable contributions.




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. The employer provides the plan and the employee defers compensation into it on a pre-tax or after-tax (Roth) basis. For the most part the plan operates similarly to a 401(k) or 403(b) plan most people are familiar with in the US. The key difference is that unlike with a 401(k) plan, there is no 10% penalty for withdrawal before the age of 55 (59½ for IRA accounts). 457 plans (both governmental and non-governmental) can also allow independent contractors to participate in the plan where 401(k) and 403(b) plans cannot





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