Simple Ira Vs. 401(k): How To Pick The Right Plan

The decision between a SIMPLE IRA and a 401(k) is, at its core, a choice between simplicity and flexibility for employers. The aptly named SIMPLE IRA, which stands for Savings Incentive Match Plan for Employees, is the more straightforward of the two options. It’s quick to set up, and ongoing maintenance is easy and inexpensive.... Dayana Yochim is a writer at NerdWallet.

  • Lazy Portfolios
    “Lazy Portfolios ... $3,000 in an IRA every year and with ten percent average returns retire a millionaire at 65. A 45-year-old can do it by maxing out their 401(k) with $1,250 a month.
    01/13/2020 - 11:00 am | View Link
  • How Much Can You Contribute to a SIMPLE IRA for 2020?
    The maximum amount workers at small businesses can contribute to a SIMPLE IRA for 2020 is $500 higher than it was for 2019.
    01/10/2020 - 11:02 am | View Link
  • How Much Can You Contribute to a SIMPLE IRA for 2020?
    It's a cheaper (and easier) plan for an employer to set up when compared to an traditional 401(k); however, the amount a worker can save in a SIMPLE IRA is less ... remember to pick your ...
    01/10/2020 - 6:33 am | View Link
  • 3 Simple Strategies to Max Out Your 401(k)
    However, this doesn’t influence our evaluations. Our opinions are our own. Maxing out your 401(k) each year is not unlike scaling Mount Everest. “What a feat!” you might say. And ...
    01/2/2020 - 11:00 am | View Link
  • I've taught over 2,000 women how to invest, and I always give beginners the same 5 steps
    If you've got a workplace retirement plan like a 401(k), investigate what types of fees are being charged. Next, seek out low-cost investing options. One popular choice is index funds. An index ...
    12/27/2019 - 2:47 am | View Link
  • More


Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Personal Finance News