The key goal for retirement plans is to eliminate or defer taxes, which encourages taxpayers to save more and build a large retirement nest-egg. The good news is, through Entrust, all of these plans can be self directed into an almost unlimited menu of investment options. Below is an overview of the retirement plans available.

TRADITIONAL IRA

Summary: Established in 1975, this IRA provides for pre-tax saving for most individuals. All investment earnings grow tax-deferred until withdrawal. This option is available to you whether or not you or your spouse is covered by an employer's plan.

Eligibility: Everyone under age 70½, with earned income, is eligible to contribute to a Traditional IRA - there's no income limit.

Contribution Limits: 2009 - $5,000 + $1,000 catch-up provision if age 50+ Non-working spouse may be eligible for equal contributions based on working spouse's income

Deductibility: Based on the following factors. Consult your tax advisor to determine if your contributions are deductible.

• Tax Filing Status
• Active Participant Status
• Modified Adjusted Gross Income

Distribution Rules: All withdrawals are taxed at the ordinary income tax rate of the IRA holder. Withdrawals before the age of 59.5 are normally subject to an additional 10% penalty.

Required Minimum Distribution: The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually, starting the year you turn age 70-1/2.

ROTH IRA

Summary: Passed into law in 1997, this unique saving plan provides for post tax savings - with the advantage that all the income growth is tax deferred until withdrawal. If withdrawals take place at least five years after funding, and after the age of 59.5, there is no taxation.

Eligibility: Everyone with earned income, not exceeding the following Modified Adjusted Gross Income (MAGI) limits is eligible to contribute to a Roth IRA.

• Married Filing Separate:  $10,000
• Single:  $120,000
• Married Filing Joint:  $176,000

Contribution Limits: $5,000 + $1,000 catch-up provision if age 50+ (2009)

Non-working spouse may be eligible for equal contributions based on working spouse's income

Deductibility: Contributions are not deductible

Distribution Rules: Withdrawals for IRA holders who have had their Roth IRA funded for at least 5 years and reached the age of 59.5 are not taxed. For early withdrawals, a ten percent penalty and ordinary income tax will apply to the Roth IRA earnings. The contributed portion of the Roth IRA is not taxed. Certain additional rules apply to Roth IRAs which have been converted from pre-tax retirement plans.

Required Minimum Distribution: None required

SEP IRA

Summary: Primarily used by small, closely held businesses and proprietorships, this IRA provides for the opportunity to defer a large portion of earnings into a pre-tax IRA, with little administrative costs. Within this plan, the employer makes all the contributions, and must contribute the same percentage of wages/salary to each eligible employee. Each employee establishes their own SEP-IRA account to hold and invest the employer contributions.

Eligibility: Any employer - including a sole proprietorship, partnership, corporation, and nonprofit organization - with one or more employees may establish an SEP plan. This includes a self-employed business owner, regardless of whether he or she is also the only employee of the business.

Contribution Limits: An employer may contribute up to 25% of the eligible employee's compensation, providing the contribution does not exceed $49,000.

Deductibility: Contributions are deductible for the employer, not the employee.

Distribution Rules: All withdrawals are taxed at the ordinary income tax rate of the IRA holder. Withdrawals before the age of 59.5 are normally subject to an additional 10% penalty.

Required Minimum Distribution: The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually, starting the year you turn age 70-1/2.

SIMPLE IRA

Summary: When an employer has less than 100 employees and wants an alternative to a 401(k) plan that is simple and less expensive to install, a SIMPLE IRA may be a good choice. Under a SIMPLE plan, both qualified employees and employers can make contributions to traditional IRA's set up in their name(s).

Eligibility: An employer who has less than 100 employees. Registrant employees must be under age 70.5.

Contribution Limits: 2009

• Employee Deferral: $11,500 plus $2,500 catch-up for age 50+
• Employer Contribution: Employers are generally required to match the employee's contribution on a dollar-for-dollar basis, up to 3% of the employee's compensation. Employers may also elect to make "non-elective" contributions equal to 2% of the employee's annual compensation.

Deductibility: Contributions are deductible for the employer, deferrals are deductible for the employee.

Distribution Rules: All withdrawals are taxed at the ordinary income tax rate of the IRA holder. Withdrawals before the age of 59.5 are normally subject to an additional 10% penalty. A unique rule applies to SIMPLE IRA distributions called "the two-year rule": The 2-year period begins on the date on which the employee first participated in any SIMPLE IRA plan maintained by their employer. If an employee takes an early distribution within this 2-year period, then the additional tax penalty is raised from 10% to 25%.

Required Minimum Distribution: The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your SEP IRA annually, starting the year you turn age 70-1/2.

INDIVIDUAL OR SOLO 401(K) ACCOUNT

Summary: An attractive retirement plan for individuals and companies with no common-law employees. This plan enables rapid contributions with a very flexible employer match. Also, unlike an IRA, this plan permits the participant to borrow from the plan (50% of plan assets up to $50,000), participate after the age of 70.5, and avoid Unrelated Debt Financed Income Tax on leveraged real estate purchased by the plan.

Additionally, the plan permits the employee to election deferrals to be pre-tax or post-tax (Roth provision).

Eligibility: An employer who has no common-law employees. Partners with more than 5% ownership may also be eligible

Contribution Limits: 2009

• Employee Deferral: $16,500 plus $5,500 catch-up for age 50+
• Employer Contribution: Up to 25% of earned income, with total of deferral and contribution not to exceed $49,000 ($54,500 for age 50+)

Deductibility: Contributions are tax-deductible to the employer, and deferrals (for non-Roth deferrals only) are deductible to the employee.

Distribution Rules: Using the Entrust Plan Document, the participants account can become payable upon termination of employment or retirement. All distributions are subject to ordinary income tax, with the exception of Roth deferrals, which are not taxed on distribution.

An additional penalty of 10% applies to early distributions - those made before age 59 1/2

Required Minimum Distribution: The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your plan annually, starting the year you turn age 70-1/2.