It looks like I'm screwed on contributing to a Roth and I'm not getting much benefit from my IRA. My firm isn't big enough to do a 401k and I don't like a SEP. my CPA is directing me towards a SIMPLE. Can someone help me on some questions:
1. Is there a Roth alternative or is it just a basic IRA?
2. If I need to sell some assets within the SIMPLE in order to reallocate my balanced portfolio, are these taxable events?
Thanks in advance!
1. Is there a Roth alternative or is it just a basic IRA?
2. If I need to sell some assets within the SIMPLE in order to reallocate my balanced portfolio, are these taxable events?
Thanks in advance!