Small Business Retirement Accounts

This page will provide you with helpful information about individual retirement accounts at Schwab. Jump to different sections and click on a link to view a specific article. 

Articles related to small business SEP IRA accounts 

Articles related to small business SEP IRA accounts

Introduction to SEP-IRAs
A Simplified Employee Pension Plan IRA (SEP-IRA) is one of the easiest small business retirement plans to set up and maintain. Clients can make sizable contributions and there’s little administration. Tax filing is not required and yearly contributions can vary, or be skipped.

How to open a SEP-IRA
Open a simplified employee pension plan (SEP-IRA) using DocuSign or submit paper forms through a Service Request. A SEP-IRA is a retirement plan for small businesses with any number of employees, but typically opened by sole proprietors with no employees.

Articles related to small business Simple IRA accounts 

Articles related to small business Simple IRA accounts

Introduction to SIMPLE IRAs
A SIMPLE IRA is a retirement plan for small businesses with up to 100 employees. Two account types—employer and participant—work together to form a SIMPLE IRA. With this plan, eligible employees can fund their own accounts through regular salary deferrals, and employers can supplement employee accounts with annual contributions.

How to open a SIMPLE IRA
Open a SIMPLE IRA using DocuSign or submit paper forms through a Service Request. A SIMPLE IRA is a retirement plan for small businesses with up to 100 employees. Two account types—a group plan (employer funding account) and a participant account—work together to form a SIMPLE IRA.

Articles related to small business Qualified Retirement Plans 

Articles related to small business Qualified Retirement Plans

Introduction to Qualified Retirement Plans (QRPs)
The Schwab Qualified Retirement Plans (QRPs)/Keogh consists of three different account types: a money purchase plan, a profit-sharing plan, and a paired plan. These plans allow for large annual contributions, making them appropriate for clients with high, stable incomes and few to no employees. The employer or plan administrator is responsible for all account administration. 

How to open a qualified retirement plan (QRP)
Open a Schwab qualified retirement plan (QRP) by submitting paper forms through a Service Request. A Schwab QRP, commonly referred to as a Keogh, allows for substantial annual contributions, making them appropriate for clients with relatively high, stable incomes and few, if any, employees.

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Articles related to small business Company Retirement accounts 

Articles related to small business Company Retirement accounts

Introduction to company retirement accounts (CRAs)
A company retirement account is not a retirement plan; it is a cash brokerage account for employer-sponsored retirement plans allowing investing and trading of existing retirement plan assets through Schwab. CRAs accommodate a variety of plan types, including 401(k), Roth 401(k), money purchase pension plans, profit sharing plans, defined benefit plans and non-qualified plans.

How to open a company retirement account (CRA)
Open a company retirement account using DocuSign or submit paper forms through a Service Request. A company retirement account is not a retirement plan; it is a cash brokerage account for employer-sponsored retirement plans allowing investing and trading of existing retirement plan assets through Schwab. CRAs accommodate a variety of plan types, including 401(k), Roth 401(k), money purchase pension plans, profit sharing plans, defined benefit plans and non-qualified plans.

Articles related to small business Defined Benefit Plans 

Articles related to small business Defined Benefit Plans

Introduction to Personal Defined Benefit Plans
The Schwab Personal Defined Benefit Plan is a retirement solution for high-earning small-business owners. This plan offers participants a specific monthly lifetime benefit amount at retirement. Contribution amounts with this plan are calculated and adjusted annually to reach the targeted goal.

How to initiate a personal defined benefit plan
Schwab's personal defined benefit plan is a retirement solution for high-earning small business owners. This plan promises participants a specific monthly lifetime benefit amount at retirement. Contribution amounts with this plan are calculated and adjusted annually to reach the targeted goal. You can initiate a personal defined benefit plan using DocuSign® or submitting a Service Request.