In preparation for the 2020 tax season, please be aware some of our customers may be receiving duplicate tax forms. The forms were prepared and sent from two different sources, so while the information is the same, the form looks different. We would like to assure everyone that the information has only been reported to the IRS once, and that it will not affect your tax obligation. You should keep one of the forms for your tax preparer and discard the duplicate.
Our SIMPLE (Savings Incentive Match Plan for Employees) is available to both employers and employees offering a more secure retirement and generous tax advantages. This retirement plan is geared to small businesses with 100 employees or less and is exactly what it sounds like — simple.
Perfect for small businesses
Available to any small business — generally with 100 or fewer employees.
Gain employee respect
Instill employee faith in your company by helping them reach their retirement savings goals.
Competitive interest rate
A great way to keep your competitive edge in recruitment and retention.
Little administrative burden
Minimal paperwork necessary; no filing requirements.
Inexpensive to set up and operate
This is a cost-effective solution for keeping your employees happy.
Flexibility in contributions
Receive lower contribution limits than some other retirement options.
Shared employee responsibility for retirement
Along with the option for self-contributions, Employee always has complete ownership of all SIMPLE IRA money.
No minimum deposit to open
Get savings from the start.
Employer must not have any other retirement plan