SEP vs SIMPLE IRA for Small Business Owners

SEP IRAs and SIMPLE IRAs are two retirement plan options specifically designed to meet the needs of small businesses, each offering distinct advantages. In this video, we’ll delve into the nuances of SEP and SIMPLE IRAs. We’ll provide clarity on their differences and key attributes to give you the information you need to determine the best fit for your small business.

SEP vs SIMPLE IRA Blog: https://www.theentrustgroup.com/blog/...

SDIRA Basics Guide: https://www.theentrustgroup.com/sdira...

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00:00 - Introduction
01:02 - What's the difference between a SEP and SIMPLE IRA?
02:13 - 2024 SEP IRA Contribution Limits
02:38 - 2024 SIMPLE IRA Contribution Limits
03:03 - SIMPLE IRA Employer Obligations
03:20 - Leveraging your experience as a small business owner
04:19 - Learn more about SEP IRAs, SIMPLE IRAs, and SDIRAs

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About Us: The Entrust Group is the leading self-directed IRA administrator and an acknowledged authority in the field of alternative investments.
Learn more about The Entrust Group at http://www.theentrustgroup.com