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SIMPLE IRA Plan

A SIMPLE IRA plan (Savings Incentive Match PLan for Employees) allows employees and employers to contribute to traditional IRAs set up for employees. It is ideally suited as a start-up retirement savings plan for small employers not currently sponsoring a retirement plan.
 

Choose a SIMPLE IRA Plan
Learn the basics of a SIMPLE IRA plan
 
Establish a SIMPLE IRA Plan
Set up a SIMPLE IRA plan
 
Participate in a SIMPLE IRA Plan
Benefits of participation, plan contributions, effects of withdrawing money from the plan
 
Operate and Maintain a SIMPLE IRA Plan
Periodically review the plan, update for recent law changes
 
Correct SIMPLE IRA Plan Errors
Find, fix and avoid plan errors
 
Terminate a SIMPLE IRA Plan
Requirements for ending a SIMPLE plan
 
Additional Resources
Forms. publications, frequently asked questions, etc.
Page Last Reviewed or Updated: 22-Jan-2014