Thank You! Now Here’s Your IRA Comparison Guide

 

sep-vs-simple-thankyou

 

The choice of retirement plan is vast and varied for small business owners and sole proprietors. From contribution limits to tax advantages and age requirements, determining which plan is right for you and your employees can be difficult.

This comparison guide covers some of the advantages and disadvantages between a SEP IRA and a SIMPLE IRA, including:

  • What forms you need to complete
  • Who contributes to the established plan
  • Employer contribution limits
  • Salary deferral guidelines
  • And more