Travis Sickle I do payroll with ADP an they want to charge me $20 a month with no setup fee, I don’t know enough about this to know if it’s a good deal or not, what do you think?
Travis Sickle I have a small business, no employees yet, it’s a set fee, but because I’m a new ADP customer they have that offer of free setup, but I don’t know how the fees work, some websites have a yearly fee ($10-20) others say that there’s no fees, that’s where I get confused
Fast AF it sounds like the $20 is a processing fee so there could be other fees for the asset management. The bigger question is how much you plan on saving. The simple is a great plan for small employers but if you don’t have any employees and want to save more another plan may be better. Also, check the investment options too. That $20 fee most likely isn’t including those fees. And is that a per participant fee too?
![[UNCUT] The Loyal Pin ปิ่นภักดิ์ EP.4 (4/4)](http://i.ytimg.com/vi/d3l5rxl5CVo/mqdefault.jpg)
You're the best Travis.
Excellent! Thanks.
Thank you very much
Very helpful information!
Awesome video👌
Thanks 😀
If I’m my own business owner is there a mandatory match to what I contribute?thank you
Can a sole proprietor contribute the max if they are not drawing a salary from the business? Meaning everything thing is business income.
Sickle Hunter Financial Advisors : Like A SEP?
Hello, Is it true simple IRA is not required to be filed in taxes?
no, that is not true.
Does the annual income limit include the employer match?
no
What is the fee on a simple ira, is it yearly or monthly?
The fees depend on the firm and securities you hold.
Travis Sickle I do payroll with ADP an they want to charge me $20 a month with no setup fee, I don’t know enough about this to know if it’s a good deal or not, what do you think?
Fast AF depends, Is the plan for your business? Is the fee a flat fee or based on the amount invested? Are there additional fees?
Travis Sickle I have a small business, no employees yet, it’s a set fee, but because I’m a new ADP customer they have that offer of free setup, but I don’t know how the fees work, some websites have a yearly fee ($10-20) others say that there’s no fees, that’s where I get confused
Fast AF it sounds like the $20 is a processing fee so there could be other fees for the asset management. The bigger question is how much you plan on saving. The simple is a great plan for small employers but if you don’t have any employees and want to save more another plan may be better. Also, check the investment options too. That $20 fee most likely isn’t including those fees. And is that a per participant fee too?
Can you simple ira and roth Ira?
Yes, depending on income.