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401(k) vs. Simple IRA

There are several options when it comes to selecting a retirement plan for you and your company. The right option will likely vary based on several factors: the size of your firm, the features and services you want in a plan, investment options, the costs and time to manage the plan, and more.

Here are two of the most common types of retirement savings plans for small businesses: a definition and key things to know about it, details about withdrawals and contributions, as well as pros and cons.

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