The Queen of Soul. Growing up in the 1980's this is the Aretha I grew to love, although my parents played her earlier recordings as well this album truly is part of the soundtrack of my youth. Who's Zoomin' Who is still one of my favorite cuts by Aretha hands down!! Biography.
If your employer doesn't offer a retirement plan, you can always start by putting money in a traditional IRA or Roth IRA. But if you have access to a 401(k) or other employer plan, and your 401(k) offers a matching contribution, that's usually the best place to start. For example, let's say you make $115,000 per year.
If you take it out before age 59 1/2, you will pay taxes plus, in most cases, you will be subject to a 10% penalty. There are differences in how a SIMPLE IRA works. If you have ever had a 401(k), you know what a nice perk it is to have an employer match. With a SIMPLE IRA, the match is built in, up to 3% of salary.The employer may reduce this match to at least 1% in a given year, but not for more than two years in a five year period.mployers may limit eligibility for 2% nonelective contributions to those employees with at least $5000 in their SIMPLE IRA. The salary limit for these contributions in 2014 is $260,000.