Saving for retirement is imperative. One of the best ways to begin is implementing a tax-favored 401(k) plan or SIMPLE IRA plan. Picking the right plan at the right stage of your dental career, however, will go a long way towards creating a balance sheet that is well-rounded, protected, and balanced. In this article, Andy Upchurch, RHU, REBC, explains the basic differences between the two plans.

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