Here are IRA contribution limits, income limits and rollover rules for Roth, traditional, SIMPLE and SEP IRAs at a glance.

2025 IRA contribution limits are $7,000 for those under age 50 and $8,000 for those over 50; the same as they were in 2024. SEP-IRA contribution limits for 2025 are $70,000 or 25% of employee ...

Small business owners looking to offer competitive retirement plans should consider self-directed SIMPLE IRAs. Plans like these provide greater investment flexibility than traditional options, making ...

If you withdraw funds from your SIMPLE IRA before reaching the age of 59 1/2, you will incur an extra tax of 10 percent on the taxable amount unless you meet the criteria for an exemption. In certain ...

An individual retirement account is an excellent way to save for retirement. Many employers allow you to invest pre-tax money in your IRA right from your paycheck, so it’s easy and convenient. However ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...