Keeping You Informed

Welcome to the Newsroom

Stay in the Know

What's the Latest News?

Knowledge is power! The following news has been carefully selected by our office to empower your learning. Dive into trending news, thought-provoking insights, and everything in between.

SIMPLE 401(k) Plan

- Broadridge Content

As a small business owner, you're probably interested in finding ways to save for retirement. You may also be concerned about attracting and retaining qualified employees. You may be able to pursue both of these goals by establishing a savings incentive match plan for employees (SIMPLE) 401(k) plan. A SIMPLE 401(k) is a retirement plan for certain self-employed persons and small businesses. To qualify, you can't maintain another employer-sponsored retirement plan and must have no more than 100 employees who were employed in the past year and who earned at least $5,000. A SIMPLE 401(k) plan is structured as a 401(k) cash or deferred arrangement. The SIMPLE 401(k) plan was created in conjunction with the SIMPLE IRA, so these plans share certain characteristics.

Like What You See?

Sign Up for Our Newsletter!

Receive hand-selected news right to your inbox!

Leave this empty:

Thank you for your submission!