What are the advantages of offering a SIMPLE IRA versus a 401(k)?

A SIMPLE IRA is great for small businesses—it’s easy to set up, has lower costs, and doesn’t require IRS filings.

A 401(k) offers higher contribution limits, more flexibility, and is better for growing businesses or those wanting to offer more competitive benefits.

3G Retirement Services will help you choose the right plan based on your goals, team size, and budget.