SIMPLE
Definition
Savings Incentive Match Plan for Employees. A retirement plan sponsored by companies with fewer than 100 employees which is attractive for employers because it avoids some of the administrative fees and paperwork of plans such as a 401(k) plan. A SIMPLE plan may be structured as either a 401(k) or an IRA.
Cite this definition
'SIMPLE
' appears in the definitions of these other terms on BusinessDictionary.com single-entry bookkeeping, cellular automata, fee simple absolute in possession, bare trust, Joint Photographic Experts Group (JPEG) Image format, and
Related Research Articles from the InvestorGuide.com University
SEP and SIMPLE PlansLearn about Simplified Employee Pension Plans and Savings Incentive Match Plans for Employees. Includes information on how to contribute, who is eligible, and how withdrawals work from each.
AnnuitiesLearn all you need to know about annuities. Includes a description of fixed, variable, and equity-indexed annuities, with emphasis on taxes, distributions, payments, and fees of each.
Social SecurityHere we cover the fundamentals of Social Security and how it affects you. Topics include retirement, disability, family benefits, survivors, Medicare, taxes, and health care.
Featured Sponsor
|