(1) For self-employed or business owner: If you are a self-employed individual or a small business owner, not large employers.
Simplified Employee Pension (SEP-IRA plan )
Saving Incentive Math Plans for Employee (SIMPLE IRA plan )
Solol 401(k) plan
Keogh plan (a qualified retirement plan established by a self-employed individual or partnership).
(2) If you are involved with a corporation, your business may have many employees
Simplified employee pension (SEP-IRA plan )
Saving Incentive Math Plans for Employee(SIMPLE IRA plan )
Profit-sharing plan
Money purchase pension plan
Employee stock ownership plans(ESOPS)
The employer can open life insurance account for their employees, the employer pay all or partially of the premium, and
deduct to the business income tax. Please check detail for each plan.
Buy-Sell Agreement( for business owner)
Executive Bonus Program(for C-Corp, both owner and employee)
(for S-Corp/ LLC/LLP,
employee only)