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The Fragreport

Modern Markets Run on Data: Let's Drive!

Welcome to The Fragreport. Our blog serves as an insightful resource covering markets, financial topics, culture and current affairs.

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Understanding SIMPLE IRAs

The SIMPLE IRA or the Savings Incentive Match Plan for Employees is like a 401(k) plan but involves less administrative complexity and potentially lower maintenance fees. Despite this advantage, there are several restrictions and commitments that should be considered when looking into a SIMPLE IRA plan.

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