IRA | Strategic Benefits Advisors

Individual Retirement Account acronym. An IRA is a retirement savings plan. There are several types of IRAs: Traditional IRAs; Roth IRAs; Simplified Employee Pensions (SEP) IRAs; and Savings-Incentive Match Plans for Employees (SIMPLE) IRAs. Traditional and Roth IRAs are established by individuals, while SEP and SIMPLE IRAs are retirement plans established by employers.

New bill targets employer-sponsored retirement plans
Pending legislation could significantly revise the rules for employer-sponsored retirement plans. SBA summarizes key provisions of the bill and their potential impacts on both plan sponsors and participants.
Glossary: Rollover
Glossary: SEP
Here’s how to create a SECURE Act plan of action
Given the SECURE Act's broad scope and nuanced provisions, how should plan sponsors prioritize their responsibilities under the new law? Here's a systematic approach for developing a SECURE Act plan of action.
Plan sponsors should prepare for smooth sailing for ‘SECURE Act 2.0’ retirement reform bill
A new retirement reform bill dubbed the 'SECURE Act 2.0,' currently under consideration by the House, contains provisions that are likely to affect a majority of retirement plan sponsors. Here's our rundown.

Related Terms: