In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...
A SIMPLE IRA is a retirement savings designed for small businesses with 100 or fewer employees. The lower costs and ease of setup make it appealing for small business owners who don’t want to ...
SIMPLE IRAs provide greater investment flexibility than traditional options, making them appealing to employers and employees ...
A SIMPLE IRA (Savings Incentive Match Plan for Employees Individual Retirement Account) is a retirement savings option designed for small businesses with no more than 100 employees. It provides a ...
The main difference between retirement plans are how they treat contributions and taxes on withdrawals during retirement.
If you're 50 or older, this goes up to $8,000. If you're self-employed or have a side hustle that pays you as an independent contractor, there are other options available to you, such as a SEP-IRA, ...
This article explores maximizing retirement savings through three popular retirement options designed specifically for small businesses and self-employed individuals—the SEP-IRA, Simple IRA and ...
Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in ...
Explore the Roth IRA strategies of Peter Thiel and Ted Weschler for tax-free growth in retirement. Click here for more ...
A SIMPLE IRA, or Savings Incentive Match Plan for Employees, is a type of traditional IRA for small businesses and self-employed individuals. As with most traditional IRAs, your contributions are ...
Here's a closer look at some of the most important rules surrounding SIMPLE IRA eligibility, contributions, and withdrawals. Image source: Getty Images. A SIMPLE IRA is available to self-employed ...