What is a SIMPLE IRA? Everything You Need to Know
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JULY 25, 2023
Keep reading to learn more about this retirement plan and how it stacks up against other options. SIMPLE IRAs are relatively straightforward to set up and maintain. If you are older than age 50, the plan allows you to make an additional $3,500 in ‘catch-up’ contributions, or $19,000 total. What is a SIMPLE IRA?
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