A Savings Incentive Match Plan for Employees (SIMPLE) IRA is an individual retirement account set up for employees through smaller employers. Typically, these smaller employers have a maximum of 100 employees and do not offer any other retirement plan. If you are a small business owner looking for employee retirement plan options, you may be […]
The Secure 2.0 Act of 2022 is a massive piece of legislation that brings about sweeping changes to the retirement landscape in the United States, with many of these changes set to take effect in 2025. The five most significant alterations this act will bring to retirement accounts include: Raising the Age for Required Minimum […]
Inflation is something most Americans are thinking and talking about a lot lately. Not only does inflation impact the prices of consumer goods; but the federal government also uses it as a benchmark in determining whether to increase contribution limits to qualified retirement plans or to raise monthly Social Security benefits. On an individual level, […]