Small Business Retirement Plans

Schwab offers a number of retirement plans for small businesses, whether your company employs one or many. Use this information and our tools here to learn more and begin narrowing your options.

Explore our tools:

Small Business Retirement Contribution Calculator

Explore our Lifetime Income Illustration Tool

Individual 401(k) plan

  • Individual 401(k) plans

    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

    Individual 401(k) plan details


    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

    SEP-IRA plan details


    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

    SIMPLE IRA plan details

retirement plans

  • 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

    Personal defined benefit plan details

  • 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

    Business 401(k) plan details

  • 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
    • $0 account open or maintenance fees. Other account fees, fund expenses, and brokerage commissions may apply1.

    Company Retirement Account details