Which Plan IS Right For You?   The biggest single consideration in selecting a plan is how much you wish to contribute, but other factors also affect which plan you might choose.   Defined contribution plans have changed as a result of the 2001 tax law changes.   The Money Purchase Pension Plans of previous years are no longer necessary to permit additional 10% contributions. Also, starting in 2006 there will be an option to permit Tax free contributions to 401(k) portions of Profit Sharing Plans.   Beginning in 2002 contributions to a profit sharing plan can vary from 0 to 25 percent, and you are not required to make a contribution every year. If you are self-employed and have no profits, you cannot contribute to a profit sharing plan.   You may make in-service withdrawals from your plan after two years, which allow you to roll over those assets to a traditional IRA. You may then re-characterize the IRA to a Roth IRA, if you qualify. You may also borrow from your plan if you, as the employer, are a C corporation. You may set your retirement age to 55, as well. If you are a business owner with no common law employees, other than a spouse or partners, you may make in kind contributions to your plan, unlike other plans and IRAs.   Defined Benefit Limits have been increased effective in 2002.   These are but a few options which need to be considered. Review this site, as well as www.iraplus.com for information regarding various plan types, including SEP IRAs and SIMPLEs. If you are an business owner with no common law employees, other than a spouse or partners, also review our Do Your Own plans as options.   Click here for books and CDs   Select an Administrator and Open an Account   Click here to take the Real Estate IRA Tour     Click here to Place a Message on Entrust's New Question Answer Message Board webmaster@ekeogh.com ekeogh is brought to you by Entrust Administration 1.800.392.9653