The average American’s retirement plan isn’t worth as much as it was a few years ago — but offering such plans is still a huge perk that helps small businesses attract potential employees. No longer are retirement plans just for big companies. You’ll find a good selection of plans out there for companies with only a few employees and even for sole proprietors.

However, wading through all your options can be intimidating. To help, the IRS just launched a new Web site, IRS Retirement Plans Navigator, that simplifies the process of choosing and managing a retirement plan by putting all the information you need in one place.

Looking for a retirement plan? The IRS Retirement Plans Navigator takes you through the options in four categories:

• plans with IRAs


• 401(k) and profit sharing plans


• defined benefit plans


• tax-exempt plans

The site explains the features of each type of plan so you can figure out what is best for you. There’s also a useful side-by-side comparison chart that lets you compare the features offered by various plans. When it comes to setting up a plan,