Allows you to save for retirement and gain tax advantages
A retirement savings with tax and penalty-free withdrawals
A Simplified Employee Pension Plan provides employers a simple way to contribute toward their employees' retirement
An employer-sponsored retirement plan offered within small businesses that have 100 or fewer employees
A Traditional IRA is a way to save for retirement that gives you tax advantages. Contributions you make to a traditional IRA may be fully or partially deductible, depending on your circumstances, and generally, amounts in your traditional IRA (including earnings and gains) are not taxed until distributed. Please consult a tax advisor.
The Roth IRA was created to by the Tax Payer Relief Act of 1997. Contributions you make now are NOT tax-deductible, but can be withdrawn tax and penalty free at any time. Earnings can be withdrawn tax and penalty free for certain reasons after five tax years and 59.5 years of age. Please consult a tax advisor.
A SEP is a Simplified Employee Pension plan. A SEP provides employers a simplified method to make contributions toward their employees’ retirement and their own retirement. Contributions are made directly to an IRA set up for each employee.
A SIMPLE IRA plan is a Savings Incentive Match Plan for Employees. It gives small employers a simplified method to make contributions toward their employees’ retirement and their own retirement. Under a SIMPLE IRA plan, employees may choose to make salary reduction contributions and the employer makes matching or nonelective contributions. All contributions are made directly to an IRA set up for each employee.
A retirement plan needs regular care to keep it operating properly. Your plan’s care should include a regular review of your plan’s basic operations.
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