By re-imagining a tired old product (the IRA) and adding a subtle twist, the Father of the 401(k) may have just provided a template for financial professionals to help small business owners wanting to establish retirement plans.

According to the Investment Company Institute, 59 percent of existing traditional IRAs are comprised in whole or part of assets rolled over from a corporate retirement plan.

How Ben Franklin took a good idea of compound interest and made it a great idea, resulting in the Franklin Trusts.