Every year, the IRS examines the rules and regulations that govern retirement account contributions to make sure they are in line with other economic factors, including inflation. Sometimes these rules change and in other years, they stay the same. In 2014, the SIMPLE IRA limits will stay the same as they were for 2013. This is important news for you if you intend to invest in or are currently investing in a SIMPLE IRA account.   What is a SIMPLE IRA? A SIMPLE IRA is one of a variety of kinds of retirement plan options for self-employed individuals and small business owners. SIMPLE is short for Savings Incentive Match Plan for … [Read more...]