Simple IRAs

Simple IRAs

A retirement plan that may be established by employers, including self-employed individuals. The employer is allowed a tax deduction for contributions made to the SIMPLE. The employer makes either matching or non-elective contributions to each eligible employee's SIMPLE IRA and employees may make salary deferral contributions. Read more: http://www.investopedia.com/terms/s/simple.asp#ixzz2E2pbH7Bo.

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