a retirement planning vehicle for small business owners and employees
a savings incentive match plan for employees in which the employer makes matching or non-elective contributions
a tax-favored retirement plan that certain small employers (including self-employed individuals) can set up for the benefit of their employees
"SIMPLE" is an acronym for "savings incentive match plans for employees." It describes a plan in which employees can make tax-deferred investments and the employer makes matching contributions. The plan can take the form of an IRA or a 401(k) plan.
A sequential list of steps that are executed on a particular set of target servers. A simple plan does not contain or call other plans.
See Savings Incentive Match Plan for Employees.
A type of defined contribution plan for employers with 100 or fewer employees in which the employer matches 100% of employee deferrals up to 3% of compensation or provides nonelective contributions up to 2% of compensation. These contributions are immediately and 100% vested, and they are the only employer contribution to the plan. SIMPLE plans may be structured as individual retirement accounts (IRAs) or as 401(k) plans.
Savings Incentive Match Plan for Employees is a salary reduction plan for busi- nesses with 100 or fewer employees. Contributions can be made to a SIMPLE-IRA or a SIMPLE-401(k).
Savings Incentive Match Plans for Employees. A retirement plan that can be set up as a 401(k) or IRA, and allows employee pre-tax contributions and mandatory employer matching contributions. All contributions are immediately vested in a SIMPLE plan.
Simple Plan is a pop-punk band from Montreal, Quebec, Canada—all five members are French-Canadians who were born in the province of Quebec. The band has released two original albums: No Pads, No Helmets... Just Balls (2002) and Still Not Getting Any... (2004); as well as two live CDs: Live In Japan and 'MTV Hard Rock Live (2005).