SIMPLE IRA: A Smart and Easy Option for Retirement Savings

Credit: A SIMPLE IRA can be an excellent way to save for retirement if you're self-employed, or if you're a small business owner who wants to offer retirement benefits to employees. By maximizing your contributions and investing wisely, you can create a retirement nest egg that could be the envy of all of your 401(k)-owning friends.

The bottom line

The $15,978 Social Security bonus most retirees completely overlook

If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. In fact, one MarketWatch reporter argues that if more Americans knew about this, the government would have to shell out an extra $10 billion annually. For example: one easy, 17-minute trick could pay you as much as $15,978 more... each year! Once you learn how to take advantage of all these loopholes, we think you could retire confidently with the peace of mind we're all after. Simply click here to discover how you can take advantage of these strategies.

The article SIMPLE IRA: A Smart and Easy Option for Retirement Savings originally appeared on Fool.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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