If you do not participate in an employer-sponsored plan, such as an SEP IRA, SIMPLE IRA or qualified plan, contributions to your Traditional IRA may be tax deductible.
FORBES: IRA Contributions: Deductions and Tax Credits
2.
Contributions to Qualified Retirement Plans: For many years I have observed that the taxpayers who could most afford retirement usually were the people who took full advantage of retirement subsidies.
FORBES: Treating Federal Tax Benefits Like Budget Items: Where Can We Cut Tax Subsidies? Can This Be a Partial Solution to Sequestration?
3.
Indeed, there are several qualified plans that allow a small business owner to provide for their own retirement with tax-deferred contributions.
FORBES: The Truth About Small Business Retirement Planning