Individual & Roth Individual 401(k) Plans
Retirement investing for the self-employed
- For self-employed workers and their spouses to maximize retirement savings
- Generous contribution limits and simple administration
- Tax-deferred growth potential
- Choose a traditional individual 401(k), a Roth 401(k), or both
- Use the Small Business Selector to find a plan
(under age 50)
Up to $53,000/year in 2016 ($54,000 in 2017) annual contributions, or 100% of compensation, whichever is less
(age 50 or over)
Up to $59,000/year in 2016 ($60,000 in 2017) annual contributions, or 100% of compensation, whichever is less
Features of an Individual 401(k)
Available for self-employed individuals with no additional employees other than a spouse, deadline to establish account is December 31
Generous contribution limits
Maximize retirement savings through salary deferral and profit-sharing contributions
Ability to borrow against retirement assets
Loans are available from an Individual or Roth Individual 401(k) account
Minimal administrative requirements
IRS Form 5500 filing is generally not required until the account value reaches $250,000
Trade more, pay less
With E*TRADE, you pay a $9.99 commission for stock and option trades. Here’s a quick overview of our clear, competitive per-trade pricing.
Explore similar accounts
Plan for small businesses & self-employed individuals
For small business owners or self-employed people, the Simplified Employee Pension IRA may be a low-cost path to tax-deferred retirement savings.
A retirement plan similar to a 401(k)
A SIMPLE IRA is an easy, inexpensive plan for businesses with less than 100 employees.
Profit Sharing Plan
A flexible plan for small businesses
This plan lets small business employers make discretionary deductible contributions to their employees' retirement savings.