"Pioneer is again at the forefront of providing innovative retirement plan options for the self-employed and high-net-worth individuals," said Christopher Laucks, vice president of retirement and annuity markets at Pioneer Investments. "The Roth Uni-K is a golden opportunity for many investors looking to diversify their retirement portfolio, hedge against possible future tax increases at retirement, and establish a tax-free legacy for future generations."
In 2002, Pioneer was the first mutual fund company to launch an owner-only 401(k) plan and is now the first to announce that it will offer an owner-only 401(k) with a Roth option, to self-employed individuals and owner-only businesses, the firm said.