SEP IRAs and SIMPLE IRAs are ideal retirement savings accounts for small businesses and the self-employed. Knowing the plans' differences and similarities can help save you money for retirement.

Employers can’t contribute directly to an employee’s personal Roth IRA, but they can still help with retirement savings in other ways. The SECURE 2.0 Act allows employers to contribute to SIMPLE IRAs ...

A SIMPLE IRA is an easy and inexpensive way for some employers to offer their employees a retirement savings plan. Discover its pros and cons for employees and employers. For employees, participating ...

Small businesses tend to avoid retirement plans, largely due to their complexity and cost. Just 30 percent of small businesses offer a retirement savings plan to employees, according to a 2024 survey ...

It’s no secret that employer-sponsored retirement plans help businesses attract and retain workers. However, finding affordable 401(k) management companies is challenging. The top retirement plan ...

Anyone, and I mean anyone, can become an IRA millionaire if given enough time. According to Fidelity, the number of IRA millionaires on its platform has grown 40% over the past year. That figure doesn ...

The SEP IRA is a great starter plan for a small business because it is easy to set up and maintain. Also, it provides funding flexibility with discretionary contributions. But sometimes, a small ...