With a complete range of financial solutions designed to meet the financial needs of the self-employed business owner, NYLIM has a retirement plan solution for you.
Easy to set-up and maintain, with high contribution limits. Available to business owners (whether incorporated or not) and anyone else who earns self-employment incomeeven if you are covered by another retirement plan.
If your company has 100 or fewer employees, you may be able to establish a SIMPLE IRA. They're designed to be easy to understand and simple to enroll, administer, and maintain. It's one of the most affordable retirement plans you can find.
If you are just beginning a business and have little extra money to set aside for retirement, you might want to consider opening a Roth IRA or Traditional IRA. Visit MainStay Funds to learn about these options.
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