Focus on . . . SIMPLE Plans
David A. Pratt
Albany Law School
Journal of Pension Benefits, Vol. 4, No. 2, p. 37, Winter 1997
The SIMPLE plan, a new retirement vehicle created by the Small Business Job Protection Act of 1996, may be something of a misnomer. Actually, two plans-an IRA and a 401(k)-the SIMPLE plan differs from its predecessors in various ways. In search of the promised simplicity, the author explains the new provisions step-by-step, examining eligibility, employer contributions, and reporting requirements, and offers commentary.
Number of Pages in PDF File: 8
Keywords: retirement, Small Business Job Protection Act of 1996, IRA, 401(k)
Date posted: September 26, 2009