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Showing posts with the label VirginiaFoxxU.S.Congressperson

Streamlining SIMPLE IRA Rollovers: It's About Time!

July 13, 2015... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As the workforce continues to change and employees move from job to job more frequently, it is becoming increasingly important to streamline retirement savings options. One such option is the SIMPLE IRA, or Savings Incentive Match Plan for Employees IRA, which is a type of retirement plan specifically designed for small businesses. However, when employees switch jobs or leave their employer, they may choose to rollover their SIMPLE IRA into a different retirement savings plan. While this is a common practice, the process of doing so can be cumbersome and confusing, and may ultimately discourage employees from taking advantage of this important savings opportunity. To address this issue, it is time to streamline the SIMPLE IRA rollover process. This could be achieved through a