Earnings on your voluntary contributions can and should be rolled over. Helps attract and retain better qualified employees. Helps the owner and employees save for retirement on a tax-favored basis. Retirement savings are protected from the claims of creditors. Employee's accumulation depends on amount contributed and investment performance.
Investment risk is on employee.
Plan Types SEP - Simplified Employee Pension Plan. Same percentage must be given to employer and employees. No obligation to contribute each year. Percentage may change from year to year. Any employer with fewer than 100 employees.