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
up to $53,000/year
annual contributions (if under age 50) or 100% of compensation, whichever is lower
up to $59,000/year
annual contributions (age 50 or over) or 100% of compensation, whichever is lower
Available for self-employed individuals with no additional employees other than a spouse, deadline to establish account is December 31
Generous contribution limits
Maximum retirement savings through salary deferral and profit sharing contributions
Ability to borrow against your retirement assets
Loans are available from an Individual or Roth Individual 401(k) account
Minimal administrative requirements
IRS Form 5500 filing 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.