Information on retirement plans for small businesses and the selfemployed. Choose a Plan, Maintain a Plan, Find or Fix Plan Errors, Plan Benefits.For example, Federal, state, or local government plans and some church plans are not covered. Cost and regulatory complexity discourage employersespecially small businessesfrom offering workplace retirement plans for their employees. As an "employer," a group or association can sponsor a defined contribution retirement plan for its members, as can a PEO sponsor a plan for client employers. The Town offers employees a variety of Defined Contribution Retirement Plan Options. Considering a retirement plan for your small business? We'll guide you on plan types, ERISA, fiduciary duties, SECURE 2.0, and more. IRA stands for "Individual Retirement Arrangement. , long-term disability insurance).