Enacted in 1974, ERISA is a federal law designed to protect the interests of individuals participating in most voluntarily established pension and health plans in the private sector. It does this by ...

A SIMPLE IRA is a retirement plan designed for small businesses, generally those with fewer than 100 employees. It works somewhat similarly to a 401(k), but employers are required to contribute to ...

Small business owners looking to offer competitive retirement plans should consider self-directed SIMPLE IRAs. Plans like these provide greater investment flexibility than traditional options, making ...

Employers are required to make annual contributions to a SIMPLE IRA plan. At minimum, an employer must either match employee contributions, up to 3% of compensation (and no less than 1%), or ...

For simplicity, employers might prefer the SIMPLE IRA. For flexibility, a 401(k) plan provides a wider array of choices. Many, or all, of the products featured on this page are from our advertising ...

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 ...

Saving enough money for retirement can be a challenge no matter who you are, but it’s a challenge worth tackling early and sticking with for a lifetime. To make the process easier — and more lucrative ...