Because of the complications of other plans, we opted for an SEP-IRA plan to which employees may contribute pre-tax earnings, if they wish, and to which the Museum contributes 5% of annual salary to each individual's account. The SEP-IRAs are portable, i.e., the money is the employee's. There is almost no paperwork except for those who opt for payroll deduction. There are also no individual investment choices -- in effect, it is an annuity managed by a life insurance company in our case. There are probably others offering SEP-IRAs. TIAA-CREF is another choice, opened some years ago to non-profits and now, I believe, to others -- but there is an administrative overhead that, in the case of our six-person staff, we couldn't handle. Ross Weeks Jr. ----- Original Message ----- From: VCMHA.org - Collections To: [log in to unmask] Sent: Tuesday, April 11, 2000 2:17 PM Subject: Retirement Plans? Hello Listers, Our new director is interested in starting some kind of retirement savings plan for the employees at our museum. We are a private non-profit with seven full-time employees. Do any of you work at museums that have retirement savings plans, or know of specific plans for non-profits? Any help you can give us would be greatly appreciated! Kathy Henri Collections Mgr/Asst Curator Ventura County Museum of History & Art Ventura, CA