Discussing what a SIMPLE IRA is. Many small companies cannot afford a 401k plan, the Simple may be an option. I talk about the differences from other retirement plans, and contribution limits both employee and employer.
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LEARN MORE ABOUT: IRA Accounts
CONVERTING IRA TO GOLD: Gold IRA Account
CONVERTING IRA TO SILVER: Silver IRA Account
REVEALED: Best Gold Backed IRA
After leaving a job, can you roll the simple IRA to a traditional IRA.
Thanks for the video! I see you have a link to M1 finance in the description…do you know if M1 supports a Simple IRA? My new employer has this type of plan and currently holds it with Edward Jones. I'm not a fan of the fee structure that they have, so I'm trying to get it moved to a company like M1 finance..
I just started contributing to this plan my employer offers, my question is what exactly can I do with the money being invested. Are there limited stocks, bonds, etc I can invest in? Should I just let my advisor manage it with target date retirement plan rubrik? Should I be investing more than enough to get match if I can in this simple IRA plan, or maybe invest in something else. I know it's hard to guage without specifics
Brad congrats on 100 subs! You are a machine at posting these vids lol. I almost have that Q&A video ready to go. I'll let you know when it drops. It's either going to be today or next week, hopefully today though.
A small company may not have an HR. LOL. Thanks for sharing this. I've heard of it, but never really knew much about it.
Thanks for sharing!
Editing miss at 4:31 OOPS!!!