For an S Corp with fewer than 100 employees, I prefer a SIMPLE IRA 5304 (not 5305). It won't provide the higher limit found under 401(k), though. Too many people do not understand that Roth 401(k) is subject to RMD. I hear some bad guidance on the radio from good people (Dave Ramsey often gets these wrong), but at the least, the conversation has been started.

I feel bad for clients like this taxpayer.