If you're self-employed or the owner of a small business, not having access to a 401(k) plan may seem like a serious disadvantage when it comes to saving for retirement. Fortunately, there are several ...

A SIMPLE IRA is an easy and inexpensive way for some employers to offer their employees a retirement savings plan. Discover its pros and cons for employees and employers. For employees, participating ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

While most individual retirement plans focus on stocks and bonds, self-directed IRAs allow you to invest in a broader range of assets, from petting zoos and laser tag arenas to residential real estate ...

The SIMPLE IRA is a flexible and tax-advantaged option for small businesses. Employer and employee SIMPLE IRA contributions can provide a dual savings stream. Knowing the SIMPLE IRA contribution ...

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 ...

SIMPLE IRA participants: Individuals aged 60 to 63 with a SIMPLE IRA cannot contribute the additional $11,250 that those with a 401 (k) can. Instead, they are subject to the regular SIMPLE IRA limits ...