What can you invest in with a simple ira?

Contributions to the SIMPLE IRA plan can be invested in individual stocks, mutual funds, and similar types of investments. Each employee makes investment decisions on their own. Once you've established your Schwab simple IRA plan, opened your own SIMPLE IRA, and opened a SIMPLE IRA for eligible employees (as appropriate), you can start making contributions. If your employer has already established a Schwab SIMPLE IRA retirement savings plan to help you meet your retirement goals and has informed you that you are eligible to participate, follow these instructions to open your SIMPLE IRA account.

Some of the drawbacks of a SIMPLE IRA are the absence of the Roth option, low contribution limits, and high penalties for unqualified withdrawals.