Savings Incentive Match Plan for Employees

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Called the SIMPLE plan—Savings Incentive Match Plan for Employees of Small Employers—it gives businesses with 100 or fewer employees an affordable way to offer retirement benefits through employee salary reductions and matching contributions (similar to those found in a 401(k) plan).

 

 

 

 

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salary reduction » salary reduction simplified employee pension plan » sarsep » savings incentive match plan for employees » self-directed retirement account » self-employed pension » separate account

 

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