IRA PLANS & INVESTMENTS
                     Active Financial Group 
https://www.activefinancialgroup.com/
IRA PLANS & INVESTMENTS
IRA  OPTIONS
SEP IRA:- 
Best for: Self-employed people or small-business owners with no 
or few employees.
Contribution limit: The lesser of $57,000 in 2020 ($56,000 in 
2019) or up to 25% of compensation or net self-employment 
earnings, with a $285,000 limit on compensation that can be 
used to factor the contribution. Again, net self-employment 
income is net profit less half of your self-employment taxes paid 
and your SEP contribution. No catch-up contribution.
IRA PLANS & INVESTMENTS
IRA  OPTIONS
SEP IRA:- 
Tax advantage: You can deduct the lesser of your contributions 
or 25% of net self-employment earnings or compensation — 
limited to that $285,000 cap per employee in 2020 — on your 
tax return. Distributions in retirement are taxed as income. There 
is no Roth version of a SEP IRA.
There is a special rule for sole proprietors and single-member 
LLCs: You can contribute 25% of net self-employment income, 
which is your net profit less half your self-employment tax and 
the plan contributions you made for yourself.
The limit on compensation that can be used to factor your 
contribution is $285,000 in 2020.
IRA PLANS & INVESTMENTS
IRA  OPTIONS
SIMPLE IRA:-
Best  for::  Larger  businesses,,  with  up  to  100  employees..
Contribution  limit::  Up  to  $13,,500  in  2020  or  $13,,000  for  2019  (plus  catch-up  
contribution  of  $3,,000  if  50  or  older)..  If  you  also  contribute  to  an  employer  
plan,,  the  total  of  all  contributions  can’’t  exceed  $19,,500..
Tax  advantage::  Contributions  are  deductible,,  but  distributions  in  retirement  
are  taxed..  Contributions  made  to  employee  accounts  are  deductible  as  a  
business  expense..
IRA PLANS & INVESTMENTS
IRA  OPTIONS
SIMPLE IRA:-
Employee element: Unlike the SEP IRA, the contribution burden 
isn’t solely on you: Employees can contribute through salary 
deferral. But employers are generally required to make either 
matching contributions to employee accounts of up to 3% of 
employee compensation, or fixed contributions of 2% to every 
eligible employee. Choosing the latter means the employee does 
not have to contribute to earn your contribution. The 
compensation limit for factoring contributions is $285,000 in 
2020.
                       Active Financial Group
         Website: https://www.activefinancialgroup.com/
Office  One
Address:  1300  Ridenour  Blvd,,  NW,,  Suite  221,,  Kennesaw,,  GA  30152
  Email:      [email protected]
Phone  No:    (678)  574-0080
                                                                                      Office  Two
Address:  2207  Spalding  Drive  Atlanta,,  GA  30350
Email:      [email protected]
Phone  No:        (770)  797-5788