Main Menu Country: United States | English Secure Login Find a Financial Advisor Owner-only defined benefit plan We understand the importance of planning for retirement. If you're a business owner who wants to save more aggressively, or wants to increase or maximize your contributions, this may be the plan for you. Working for yourself brings a lot of flexibility – and a lot of work. At Edward Jones, we understand the importance of running a business and saving for retirement. The Edward Jones Owner DB® is designed for business owners like you – with no employees other than your spouse – who want to increase or even maximize their retirement contributions. Your annual contributions may significantly exceed the $58,000 to $64,500 maximum that's typical of other types of retirement plans. Considerations Consider an Edward Jones Owner DB® if you: Want to contribute more than $58,000 or 25% of your total compensation Are at least 40 years old Have relatively stable income, typically over $100,000 annually Contribution features Contributions are tax-deductible, and earnings are tax-deferred until you withdraw money. You can contribute more than $58,000 or 25% of your total compensation and deduct it from your taxes. You (and your spouse) may make additional salary deferral contributions for 2021 of up to $19,500 ($26,000 if you are age 50 or older). The additional salary deferrals can be pretax, after-tax or a combination of the two. You have to contribute for at least three years, but if business conditions change, you can contribute more or less each year, as needed. Deadlines You must establish your plan by the end of your business year (Dec. 31 if a calendar year) in the year you will make contributions. How we can help Your Edward Jones financial advisor can provide information about the types of retirement plans available. Back to page content Find a Financial Advisor Name or location (city, state or ZIP) Search Results Back to page content Important information: This information is for educational purposes only. Edward Jones, its employees and financial advisors cannot provide tax or legal advice. Market Data DJIA 34,899.34 (-905.04) S&P 500 4,594.62 (-106.84) NASDAQ 15,491.66 (-353.57) Disclosures News and Media Careers Resources for CPAs and Attorneys Client Relationship Summary Client Resource Center Follow us to stay up to date Feedback Privacy and Security Center Ad Choices Revenue Sharing (pdf) Accessibility Policy Copyright © 2021 Edward Jones. All rights reserved. Member SIPC. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. financial advisors. Edward Jones' U.S. financial advisors may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.