If you are looking to open a retirement account, you may be considering a SIMPLE IRA. To help you determine whether a SIMPLE IRA is right for you, we cover what it is, how it works, who may want to use it, why you may want to use it and how you can open this […]
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 […]
Being self-employed gives you a certain measure of freedom, but it definitely doesn’t give you an out on skipping on something as important as saving for retirement. There’s an argument that it makes putting money away that much more critical, because unlike an employee who might have access to a 401K, you’re on your own. […]