I just started a new position at a medium-sized IT services company (17 employees) and am working through the initial paperwork, and they offer a 3% matching Simple IRA salary deferral plan. I'm trying to figure out what to contribute to it, and have no clue where to look for advice. My dad has never had an IRA plan so he doesn't know much about them.
My initial gut feeling is I should go ahead and sign up for the 3% matching, but that's not really based on anything.
Any input is aprecciated.
My initial gut feeling is I should go ahead and sign up for the 3% matching, but that's not really based on anything.
Any input is aprecciated.