Series 66: 5.2.2.3.2 Savings Incentive Match Plan For Employees (SIMPLE) IRA Plans

Taken from our Series 66 Online Guide

5.2.2.3.2 Savings Incentive Match Plan for Employees (SIMPLE) IRA Plans

The SIMPLE IRA plan is a retirement plan for businesses with no more than 100 employees. With a SIMPLE IRA, the employee may make pre-tax contributions to the plan. The employer is required to either match these contributions up to 3% of the emplo

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