What Is A SIMPLE IRA?

Small business owners can benefit from offering SIMPLE IRA retirement plans to their team. Not only does adding a retirement plan to your employment package help attract and retain 5-star talent, but there are additional perks as a business owner compared to more complex retirement plans. Check out our quick video below to review the main takeaways from the plan and how they differ from traditional IRAs.

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— Sources: https://www.irs.gov/retirement-plans/plan-sponsor/simple-ira-plan