On: How I'm fixing the 401(k)

[ac29]

Our small company has a SIMPLE IRA through Vanguard. It costs $25/year (waived if you have $50k managed with them across any type of accounts) plus the mutual fund costs, which are very low. Almost no paperwork to get it started.

Definitely worth looking into for small businesses.

[loeg → ac29]

SIMPLE IRAs have lower employee and much lower employer contribution limits than 401(k)s.