Small Business and Self-Employed Retirement Plans
We have plans to help you minimize taxes and maximize retirement savings.
A retirement account should be considered a long-term investment. Retirement accounts generally have expenses and account fees, which may impact the value of the account. Early withdrawals are subject to taxes and possible penalties. For more detailed information about taxes, consult a tax attorney or accountant for advice.
1Maximum amount of compensation that can be used in determining contribution is $305,000 for tax year 2022 and $330,000 for tax year 2023. This amount is increased periodically for inflation.
2May reduce the 3% limit to a lower percentage but, in any event, not lower than 1%. May not lower the 3% limit for more than 2 calendar years out of the 5-year period ending with the calendar year the reduction is effective.
3Investment professionals as of 12/31/2022. Figures include T. Rowe Price Associates, Inc. and its investment advisory affiliates including T. Rowe Price Investment Management, Inc.
4Source: Lipper Inc. 135 of 150 of our Investor Class funds (excludes funds not available for direct purchase) more than 6 months old had expense ratios below their Lipper averages based on fiscal year-end data available as of 9/30/2023.