Jim and Pam are a married couple. Pam has her own business and makes $150,000 each year. Jim is in the process of starting his own sports marketing business with no current income. Pam would like to add money into a retirement plan to save money toward retirement and save on taxes. She is interested in saving up to a third of her income. Jim also would like to add money to a retirement account in his name and wants to save at least $5,000. What type of retirement plans would be the best fit for the clients?