article thumbnail

Common Retirement Plans for Small Business Owners: A Breakdown

Insperity

The most popular employer-sponsored retirement plan used today, a 401(k) can be set up by businesses of all sizes. Between 2009 and 2010, 75 percent of businesses offered an employee-funded 401(k) plan, according to the 11th Annual Transamerica Retirement Survey. The method of payment will depend on the plan.