of the following plan types: simplified employee pensions
If you have self-employment income, you can set up a simplified employee pension
(SEP) and take deductions for 1995.
In addition to the SIMPLE-IRA, Fidelity's small business retirement plans include Simplified Employee Pension
plans (SEP-IRAs), Keoghs, and 401(k)s for small companies.
Retirement plans, including a 401(k) plan with investment funds from Goldman Sachs, simplified employee pension
, profit sharing, money purchase pension and IRAs.
Self-employed persons should set up or contribute to a Keogh or Simplified Employee Pension
According to Ward, two of the most popular retirement plans for the self-employed are Simplified Employee Pension
Plans (SEP-IRAs) and Keoghs.
Non-qualified programs such as Simplified Employee Pension
A recurring issue self-employed persons face is whether amounts expended for self-employed retirement plan (Keogh) and simplified employee pension
(SEP) contributions, as well as certain unreimbursed trade or business expenses paid by a partner, are subject to taxation under the Self-Employment Contributions Act (SECA).
Your two main options are Keogh and Simplified Employee Pension
Participants in the free, statewide, day-long Investor Forums will be provided with information about retirement plans for the self-employed and small-business owners: specifically, Keoghs and Simplified Employee Pension
Individual Retirement Accounts (SEP-IRAs).
Most of the plans available to small businesses--simplified employee pensions
(SEPs), salary reduction simplified employee pensions
, SIMPLE IRA plans, SIMPLE 401(k) plans, regular 401(k)s, profit-sharing plans, money purchase pension plan, Keogh plans, defined benefit plans, defined contribution plans, and employee stock ownership plans--are subject to the minimum coverage requirements, minimum vesting standards, the actual deferral percentage test, the non-discrimination requirements, and the top heavy plan requirements.
By comparison, simplified employee pensions
(SEPs) or profit-sharing Keogh plans would allow 2009 contributions for the self-employed to the extent of the lesser of 20% of earnings or $49,000.