← Choose another benefitRetirement plan fit
Question one · workforce

Who needs to participate?

Owner-only plans work differently from plans that must cover eligible employees.

Question two · funding

Who should control the contribution?

Employee salary deferrals support engagement; employer-only funding offers a different kind of flexibility.

Question three · objective

What matters most?

Choose the primary objective; the result will identify another structure worth comparing.

Question four · commitment

How much administration can the plan support?

Greater flexibility generally brings more testing, reporting, notices, or fiduciary responsibility.

Strongest starting direction

Why it fits

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      Educational screening only—not legal, tax, investment, actuarial, or fiduciary advice. Plan eligibility, limits, tax credits, required coverage, and deadlines must be confirmed for the plan year. Sources: IRS Publication 560 and U.S. Department of Labor plan guide.