The purpose of this bulletin is to assist farm operators and their employees in developing retirement plans for farm employees. The bulletin begins with a discussion of reasons for establishing retirement plans and moves on to Social Security, Individual Retirement Accounts and formal retirement plans in approximate order of complexity. This bulletin is not intended to be a complete description of retirement plans as they apply to farms. It is intended to cover some of the main issues related to the establishment of retirement plans for employees of farm businesses. It is written as a reference for farm employers who are considering a retirement plan for their employees. Anyone seriously contemplating the establishment of such a plan should seek advice from income tax and pension plan specialists after considering the options presented here.