Designed for self-employed individuals or business owners with no full-time employees (other than a spouse), allowing both employer and employee contributions to maximize savings.

Offers high contribution limits, with elective deferrals and profit-sharing options, making it ideal for those looking to accelerate retirement savings.

Flexible and cost-effective, with optional Roth features and loan provisions depending on the custodian.

Tailored for small businesses with 100 or fewer employees seeking an easy-to-administer, low-cost retirement solution.

Requires minimal paperwork and no annual IRS filing; employers must contribute either a match or a fixed percentage to eligible employees.

Employee contribution limits are lower than a 401(k), but it provides a streamlined way to offer retirement benefits with fewer administrative responsibilities.

Best suited for businesses of any size looking to offer a robust, tax-advantaged retirement plan to employees while attracting and retaining talent.

Includes employee salary deferral contributions and employer matching or profit-sharing contributions; Safe Harbor plans automatically satisfy IRS nondiscrimination tests.

Offers high contribution limits, Roth and loan options, and the ability to customize vesting schedules and eligibility requirements.