Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.

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 ...

A SIMPLE IRA is a retirement plan designed for small businesses, generally those with fewer than 100 employees. It works somewhat similarly to a 401(k), but employers are required to contribute to ...

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 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 ...

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The SECURE Act 2.0 now allows an employer to terminate a SIMPLE IRA and replace it with a safe harbor 401(k) mid-year. When circumstances change, the law no longer require the employer to wait until ...