There are four basic types of Individual Retirement Accounts:
- Traditional IRA
- Roth IRA
- Simplified Employee Pension Plan (SEP)
- Savings Incentive Match Plan for Employees (SIMPLE)
Kingdom Trust can hold each of these types of accounts, as well as Solo 401(k) plans. Please note that we do not administer Solo 401(k) plans. Unlike IRAs, which are opened via our Standard Account Kit, Solo 401(k) accounts must be established using our Custodial Account Kit.