Small Business Retirement Plans
Schwab offers plans for businesses of any size. Use the information here to begin narrowing your options, or simply give us a call for help choosing the right plan for your business, whether your company employs one or many.
Individual 401(k) Plan
Who it’s for:
Owner-only businesses with no employees
Key features:
- All the benefits of a traditional 401(k)
- High contribution limits
- Easy to administer
SEP-IRA
Who it’s for:
Owner-only businesses or those with just a few employees
Key features:
- No IRS filing or reporting
- Allows for contributions for you and any employees
- Easy to administer
SIMPLE IRA
Who it’s for:
Businesses with up to 100 employees
Key features:
- Primarily funded with employee salary-deferral contributions
- Employer-matched contributions up to 3%
- An easy and economical plan to administer
Personal Defined Benefit Plan
Who it’s for:
Owner-only businesses or those with up to five employees
Key features:
- Highest contribution limits
- Contributions are generally 100% tax-deductible
- Helps target your desired level of income in retirement
Business 401(k) Plan
Who it’s for:
Businesses of any size
Key features:
- Permits a higher level of salary deferrals by employees than other plans
- Optional annual employer contributions
- Greater plan customization
Company Retirement Account (CRA)
Who it’s for:
Businesses with an established retirement plan
Key features:
- An investment-only solution
- Access to Schwab’s full range of investment options
- No account service fees1
Company Retirement Account details
- We're here to help.
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OPEN
We’ll help you choose the right account. Call 877-627-7734 or visit a local branch.
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FUND
Your New Client Concierge will help you take care of the paperwork, transfer assets, and more.
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INVEST
Get a complimentary 1-on-1 consultation to select the right investments based on your goals.
1. There are no fees to open or maintain your account. Other fees may apply; please see pricing details.
This information is not intended to be a substitute for specific individualized tax, legal or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends consultation with a qualified tax advisor, CPA, financial planner or investment manager.