The SIMPLE IRA (Savings Incentive Match Plan for Employees Individual Retirement Account) offers a retirement savings solution that is especially suitable for small businesses and employees. It stands ...

Small business owners looking to offer competitive retirement plans should consider self-directed SIMPLE IRAs. Plans like these provide greater investment flexibility than traditional options, making ...

Employers are required to make annual contributions to a SIMPLE IRA plan. At minimum, an employer must either match employee contributions, up to 3% of compensation (and no less than 1%), or ...

If you withdraw funds from your SIMPLE IRA before reaching the age of 59 1/2, you will incur an extra tax of 10 percent on the taxable amount unless you meet the criteria for an exemption. In certain ...

Saving enough money for retirement can be a challenge no matter who you are, but it’s a challenge worth tackling early and sticking with for a lifetime. To make the process easier — and more lucrative ...