The right retirement plan structure may have multiple benefits for business owners, including tax-savings. While most business owners are familiar with 401(k) and SEP-IRAs, there are several other plans that may be a better fit for your business. Understanding the different plan structures allows you to maximize your benefits.
In this guide, you will learn more about the various types of plans as well as find a matrix in the appendix comparing plan structures, features and benefits including:
- Key Advantages
- Eligibility Rules
- Contribution & Deduction Limits
- Minimum Employee Coverage Requirements
- & Much more