Should You Establish a SEP or SIMPLE IRA for Your Small Business?
- Derick Coffey
- Jan 1, 2024
- 1 min read
Updated: Feb 11
For most small business owners, the SEP and SIMPLE IRA are the most commonly used when setting up a way to save for retirement. There are many things to consider when deciding which one is best for your individual situation. Using this flowchart, and your accountant, you can make an informed decision that benefits you most.
