Journal of Pension Benefits, Vol. 4, No. 2, p. 37, Winter 1997
8 Pages Posted: 26 Sep 2009
Date Written: 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.
Keywords: retirement, Small Business Job Protection Act of 1996, IRA, 401(k)
Suggested Citation: Suggested Citation
Pratt, David A., Focus on . . . SIMPLE Plans (1997). Journal of Pension Benefits, Vol. 4, No. 2, p. 37, Winter 1997. Available at SSRN: https://ssrn.com/abstract=1478603