Small Business and Self-Employed Retirement Plans

We have plans to help you minimize taxes and maximize retirement savings.

You work hard for yourself and your customers, and at the end of the day, you’d like to take home more of what you earn while also investing in your future. Our retirement plans for self-employed people and small business owners can help you keep more of your business income through tax deferrals while you also build your retirement savings. 
Why choose a T. Rowe Price Small Business Retirement Plan?

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 $330,000 for tax year 2023 and $345,000 for tax year 2024. 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 12/31/2023. Figures include T. Rowe Price Associates, Inc. and its investment advisory affiliates including T. Rowe Price Investment Management, Inc.

4Source: Lipper Inc. 140 of 153 of our Investor Class funds (excludes funds not available for direct purchase) more than 6 months old had gross expense ratios below their Lipper averages based on fiscal year-end data available as of 3/31/2024.