You work hard to get ahead. Your retirement program should do the same.
It’s your professional instinct to work diligently to fulfill your vision of retirement — whatever that looks like to you. However, when it comes to having the right retirement program for your situation, you may be unaware of plan options that could benefit you. In fact, with some of the plans discussed here, you may be able to contribute higher amounts for yourself, while maintaining a plan you can afford and easily manage for your employees.
Whether you want to improve or start a retirement plan, a retirement program specialist is available to help you.
One-person businesses can establish or switch to an affordable owner’s 401(k).
An Owners 401(k) combines the benefits of a profit-sharing plan and a traditional 401(k) with no out of pocket setup charges. With an Owners 401(k), one-person businesses can contribute more income than they can with a SEP IRAs or SIMPLE IRA. With a salary deferral up to $23,500 for 2025 (and an additional $7,500 if you are age 50 or older), plus the ability to make additional profit-sharing contributions, an Owners 401(k) is an option that offers high contribution limits and flexibility. And there is no required yearly minimum, should you need to pause contributing for a year. Plus, an Owners 401(k) Plan allows for an additional contribution of 25% of your income via profit-sharing to maximize your contributions.
Save time and simplify by consolidating your retirement plans.
If owning multiple retirement plans such as IRAs, Rollover IRAs, 401(k)s, profit sharing and 403(b) accounts isn’t getting the job done, maybe it’s time to consolidate your plans. By merging your other plans into a single 401(k) through the Members Retirement Program, you may be able to simplify investment management, save time, reduce fees and be a more effective, informed investor while remaining diversified. Additionally, by consolidating your assets into the Members Retirement Program, you may have access to loan features and other benefits not available with IRAs.
Get help from an experienced retirement program specialist.
The Members Retirement Program makes it easy for you to figure out which plan might be the best fit for you today. Start by speaking with a retirement program specialist, who will evaluate your situation and your current holdings, and provide plan alternatives that make sense for you.
Get in touch with an Equitable retirement plan specialist
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