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Just because your company may not be able to afford the administrative costs associated with a 401(k) plan, it doesn't mean that you are without options. A SIMPLE IRA can be a cost-effective alternative.

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Related Terms 403b Retirement Plan, 401k Administration, Employee Retirement Plans, 401k Employer Match, Employer 401k Plans, Understanding Retirement Plan Administrators, Retirement Plan Types, Roth 401k, Safe Harbor 401k, SEP IRA, Self-employed 401k