Have You Outgrown Your SIMPLE IRA?

Posted By bahim on Aug 16, 2017

For small business owners and their employees, a SIMPLE IRA plan is often the best retirement planning solution. But as your company grows, it is possible to outgrow your SIMPLE IRA. At that point, the benefits of a 401(k) become clear.\r\rTo start, remember that a SIMPLE IRA is only available to companies with fewer than 100 employees. So you really can quite literally outgrow it! It can be difficult for your employees to let go of...