Sentences with phrase «start a simple ira»

Not exact matches

At age 70.5, you'll have to start taking required minimum distributions from certain types of retirement accounts: profit - sharing, 401 (k), 403 (b), 457 (b) and Roth 401 (k) plans, as well as traditional, SEP and SIMPLE IRAs (but not Roth IRAs).

Like SIMPLE IRAs, there are no costs to starting and operating them, making them ideal for small businesses.

Missed minimum distributions: Conversely, once you hit age 70 - and - a-half, you have to start withdrawing from retirement accounts, including 401 (k) s, traditional IRAs, SEP IRAs and SIMPLE IRAs.