A SIMPLE IRA plan has many of the features employers and employees are searching for in a retirement plan. It offers higher contribution limits than a traditional IRA and offers a company matching contribution. Designed for companies with less than 100 employees, SIMPLE IRA’s have low administrative cost and time requirements so you can focus on your business!
Most employers only think of 401(K) when researching retirement options. A SIMPLE IRA plan was designed to allow both employers and employees to save at high levels, without the burden of complicated discrimination testing. SIMPLE IRA’s allow for individual contributions up to $14,000, with an additional contribution of $3,000 for those over 50.
Actify Investor Retirements, LLC dba CPSGo Retirement Services. Investment advisory services provided by Actify Investor Retirements, LLC. Actify Investor Retirements, LLC is a Registered Investment Advisor. Information presented is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein.