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The Simple IRA is Now Open to Accepting Roth Contributions.

Reach out to your tax planner to see if this is an opportunity for you. Do you have something you'd like to see in our next video? Let us know! DISCLAIMER: The content in our YouTube videos are for educational purposes only . Everyone's situation is different. This is a generalized discussion and there are other factors involved in making an informed decision. In order to make the best decisions, contact your trusted advisor and tax planner to discuss the details of your specific circumstances.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA As of January 1, 2021, the Simple IRA retirement plan has expanded to allow for Roth contributions. The change was made as part of the Setting Every Community Up for Retirement Enhancement Act (SECURE Act), which was signed into law on December 20, 2019. Previously, Simple IRA contribution