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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. Also, see Video: Starting a SEP or SIMPLE IRA Plan.