Retirement Savings Vehicles - Finra Foundation
As the name implies, the SIMPLE 401(k) is set up as a 401(k). So your contributions go into an account that’s part of the plan, rather than to an IRA. In 2017, the contribution limit for both a SIMPLE IRA and SIMPLE 401(k) is $12,500, plus a catch-up contribution of $3,000 if you’re 50 or older. SEPs ................
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