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The Advantages and Pitfalls of a Simple IRA For Small Business Retirement Solutions
Disruptive Money Management
English - October 01, 2020 18:00 - 23 minutes - 16.2 MBInvesting Business Education Self-Improvement investing financial planning insurance financial financial wellness retirement stocks mutual funds money Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
In this latest episode of Disruptive Money Management, Henry goes over the Simple IRA plan and why for many years it was the go-to for small business for retirement solutions. While the Simple IRA may have low to no implementation cost and very minimal in employer annual administrative expense, the plan itself can be loaded with very expensive fees that can quickly add up.
Henry highlights the advantages and disadvantages of the Simple IRA plan in today's modern retirement environment. A follow-on segment will bring the same level of detail for the 401(k) as well as an overarching comparison between the two.
For more information or to contact Henry, please visit www.disruptivemoneymanagement.com.