Are you an employer or decision-maker at a small business and want a better way to help provide a retirement benefit than providing a 401(k) with high administrative and maintenance costs? If so a Simple IRA account may be for you. A Simple IRA is an employer-funded retirement plan (like 401(k) and 403(b)) created … [Read more...]
2022 Simple IRA Contribution Limits & Maximum Rules
Do you know your Simple IRA contribution limits for 2022? They are much different than your standard IRA contribution rules. When people contribute to a Simple IRA, as opposed to a Roth IRA or traditional IRA account they do so through employer contributions and contributions involving reductions in salaries. Simple … [Read more...]