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Easy IRA a Straightforward program provides a lot of of the advantages of a 401K, but with significantly less IRS reporting specifications. You can contribute up to $ten,000 to a Easy IRA, with an employer match of up to three%. Contributions are tax-deductible, and Basic IRAs also appreciate low annual charges. Get further on our favorite related encyclopedia - Click this web page: company web site. Staff are allowed to contribute to Easy plans, and a firm match is mandatory. If you have a lower salary (or self-employment revenue) in your small company, a Simple IRA permits you to place far more away towards your retirement than other plans.