Choosing the best retirement plan for your firm: SIMPLE IRA versus 401(k)
Like many small firms and businesses, Carl Peterson and his wife Joan, partners in the firm of Peterson & Peterson Associates, weren't considering a 401(k) plan for their firm, mistakenly assuming it was too costly and complicated to set up and administer. So, initially, they narrowed their focus down to SEP and SIMPLE IRA plans. In this revealing and highly informative case study, you'll learn how Carl and his wife discovered the superior benefits and advantages of a 401(k) offered through the AICPA Firm-Based Member Retirement Program.
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