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July 4, 2014 By Julian

Types Of Retirement Plans

Workers_Hands-RevingAndPlanningIndividual Retirement Arrangements (IRAs)
Roth IRAs

401(k) Plans
403(b) Plans

SIMPLE IRA Plans (Savings Incentive Match Plans for Employees)
SEP Plans (Simplified Employee Pension)
SARSEP Plans (Salary Reduction Simplified Employee Pension)
Payroll Deduction IRAs

Profit-Sharing Plans
Defined Benefit Plans
Money Purchase Plans
Employee Stock Ownership Plans (ESOPs)

Governmental Plans

457 Plans
409A Nonqualified Deferred Compensation Plans

Help with Choosing a Retirement Plan

 

Source: IRS, “Types of Retirement Plans.” http://www.irs.gov website. Accessed December 2, 2015. http://www.irs.gov/Retirement-Plans/Plan-Sponsor/Types-of-Retirement-Plans-1

© Copyright 2016. All rights reserved. This content is strictly for informational purposes and although experts have prepared it, the reader should not substitute this information for professional insurance advice. If you have any questions, please consult your insurance professional before acting on any information presented. Read more.

Filed Under: Employee Benefits, Miscellaneous, Personal, Theme 53

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