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Traditional IRA vs Simple IRA

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    Traditional IRA vs Simple IRA

    What is the difference between these two?

    #2
    Originally posted by zeros View Post
    What is the difference between these two?
    I suggest you read IRS Pubs 560 and 590-A. In lieu of formal CE, they are a good start to educate yourself.

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      #3
      The chart in TTB is a good starting point. Something important to remember is if the company has qualifying employees a SIMPLE needs to be made available to them rather than solely benefitting the owner.

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