Simplified Employee Pension (SEP) Plan: For self-employed people and small business owners who wish to make tax-deductible contributions of their income and that of their eligible employees. 

Simple IRA Plan: For firms of 100 or fewer employees to establish an employee savings program for pre-tax contributions per year.

Defined Benefit Pension Plan: For business owners who wish to contribute enough money each year to provide a specific benefit upon retirement. This may be beneficial to older employees with a high, stable income who need a rapid accumulation of assets over a short period of time.

401(k) Plan: For employers who wish to allow employees to make pre-tax contributions through payroll deductions of their pay.

Profit Sharing Plan (Keogh** Plan): For business owners who wish to make tax-deductible contributions of each participant's pay, and have vesting and loan schedules not available with a SEP. 

Money Purchase Pension Plan (Keogh** Pension Plan): For business owners with predictable incomes who wish to make pre-determined tax-deductible contributions of each Participant's pay. 

Defined Benefit Plans

• Traditional pension plan with a stated annual benefit you will receive at retirement usually based on salary and years of service.
  
• Benefit may also be defined based on a cash balance formula in a hypothetical individual account (a cash balance plan).
  
• Maximum annual benefit can be up to $200,000 for 2012 ($205,000 for 2013).
  
• Contributions are calculated by an actuary based on the benefit you set and other factors (your age, expected returns on plan investments, etc.); no other annual contribution limit applies.