TaxBandits has partnered with 
The First Digital SIMPLE IRA
Management Solution
Secure your employees' future by offering them a cost-effective, easy-to-manage, less administrative retirement plan.
Are You Missing Out on Offering Retirement Benefits to Your Employees?
Statistics show that 43% of small businesses choose not to offer retirement benefits due to high costs and administration complexities.
A SIMPLE IRA can help you address this! This affordable and straightforward retirement plan not only secures your employees’ futures but also:
- Creates a Positive Work Environment
- Boosts Employee Retention
- Helps to Attract and Retain Top Talent
Invest in your team and drive your business’s success— let WealthRabbit simplify retirement planning for you today.
What is a SIMPLE IRA?
A SIMPLE IRA is specifically designed for small businesses with fewer than 100 employees who earned at least $5,000 in the previous year.
These plans are easy to set up and are a popular choice among small businesses for the following reasons:
- Tax Benefits: Enjoy tax credits for providing retirement benefits, with the added advantage of tax-deductible contributions.
- Quick Setup and Minimal Administration: Set up a SIMPLE IRA with ease and manage contributions without hassle.
- Cost-Effective: Offer retirement benefits at a lower cost and enjoy flexible contribution options.
- No Filing Required: Simplify compliance and eliminate the need for annual IRS filings.
Benefits For Employees:
- Tax-Deferred Growth: Contributions and earnings grow tax-deferred, with taxes applied only upon withdrawal.
- Flexible Contributions: Higher contribution limits allow employees to choose between matching contributions or a percentage of their pay.
Why do Retirement Benefits Matter for Small Businesses?
- Support Your Employees' Financial Well-Being
- Creates a Positive Work Environment
- Boosts Team Morale and Productivity
- Boosts Employee Retention
- Helps to Attract and Retain Top Talent
Why Small Businesses Should Opt for SIMPLE IRA
- Easy Setup and Less Hassle
- Cost-Effective Retirement Plan
- Tax Benefits for both Employer and Employees
- No Complex Rules and IRS Filings
- Immediate Vesting for Employees
Meet WealthRabbit: The First Digital SIMPLE IRA Management Solution
Retirement planning doesn't have to be complicated. WealthRabbit streamlines the entire process, making SIMPLE IRA setup, management,
and compliance effortless.
No Paperwork: Everything Digital
Set up your SIMPLE IRA plan effortlessly and without delays.
Flexible Onboarding Options
Self-onboard to set up your plan, or let our experts manage it.
Multiple Investment Options
Custom models built by one of the largest asset managers in the world.
Hassle-Free Rollover Options
Seamlessly transfer existing retirement funds into WealthRabbit.
Automated Payroll Integrations
Integrate your payroll to manage contributions effortlessly.
Secure Portal for Your Employees
Enable employees to monitor and manage their investments with ease.
Intuitive & User-Friendly Dashboard
Invite employees, manage and run contributions, and do everything in one place!
Real-Time Insights
Access Up-to-date reports for better decision-making.
Dedicated Employee Portal
Provide your employees with seamless access to their SIMPLE IRA on the go.
Introducing WealthRabbit - The First Digital Platform for SIMPLE IRA
Setting up and managing a SIMPLE IRA for small businesses doesn’t have to be complicated. WealthRabbit simplifies this by offering a fully digital platform that streamlines account setup, management, and compliance. With WealthRabbit, you can focus on growing your business, while we care for your retirement plan needs. Choose convenience, efficiency, and peace of mind—all in one place.
WealthRabbit: Making Retirement Planning Simple for Every Professional.
For Business Owners
Simplify retirement planning, enhance employee retention, and strengthen your business culture.
For Accounting Professionals
Streamline your workflows to increase efficiency and deliver clients a hassle-free, tax-advantaged retirement solution tailored to their needs.
For Advisors
Provide your clients with an affordable, efficient retirement plan designed to secure long-term financial success.
Already Offering a SIMPLE IRA or Other Plans Like 401(k) or SEP?
Switch to WealthRabbit for simplified management, more features, and reduced complexity—because managing retirement plans should be easy!
Exclusive Benefits for TaxBandits Clients
Enjoy the following benefits when you sign up with WealthRabbit.
Free Onboarding and
Setup
Free 30-Minute Consultation
Personalized Investment Insights
Dedicated Customer Support
Set Up Your Employees’ SIMPLE IRA Accounts in Minutes!
Create Account
Setting up your WealthRabbit account
is easy and 100% online.
Watch Demo
Invite Employees
Invite your employees to join the
SIMPLE IRA plan.
Watch Demo
Run Contributions
Start managing Your employees'
contributions with ease.
Watch Demo
Ready to take the leap with WealthRabbit?
Get Started NowHelpful Resources
What is a SIMPLE IRA?
Get a clear understanding of SIMPLE IRAs and their requirements.
SIMPLE IRA Contribution Limits
Learn more about the SIMPLE IRA contributions for 2024.
SIMPLE IRA vs 401(k)
Know the major difference between the Simple IRA vs 401k plan.
