2439 SAVINGS INCENTIVE MATCH PLAN FOR EMPLOYEES (SIMPLE IRA)

摘要

Employers with 100 or fewer employees who received at least $5,000 in compensation from the employer may adopt a Savings Incentive Match Plan for Employees (SIMPLE plan), if they do not currently maintain another qualified plan (.05). The plan allows employees to make elective contributions that may be matched by the employer. Assets in the account are not taxed until they are distributed to an employee, and employers may generally deduct contributions to employees' accounts.