SEP IRA VS A Simple IRA – How Do They Compare?

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SEP IRA VS A Simple IRA – How Do They Compare?

One of the many questions facing small business owners is what type of retirement plan to offer their employees. After all, it has been proven that in order to attract and keep the best talent you have to be able to provide them with attractive benefits in addition to a good salary. For many small business owners the cost of setting up and administering a pension or 401k plan has kept them from offering competitive retirement benefits. Either a SEP Plan or Simple IRA could be a great solution for you and your employees.

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