Q: How do I know if I should consider an Individual (k) plan?

The Individual(k) was designed exclusively for owner-only and small businesses with no employees or if the employees fall outside of certain guidelines (works less than 1,000 hours or are under 21). Be sure to verify this exclusion information with  your local Entrust representative to avoid increased plan fees.

As of January 1, 2006, individuals are allowed to claim a portion of their contributions as Roth contributions, thereby taking advantage of the potential for tax-free growth.
Consider an Individual(k) if you are a sole proprietor with no additional employees other than your spouse or partners.