Sign in
SIMPLE plans for small businesses
Journal article

SIMPLE plans for small businesses

Strategic finance (Montvale, N.J.), Vol.78(7)
01 Jan 1997

Abstract

Compensation Corporate taxes Cost control Employees Employers Excise taxes Retirement plans Small business Taxation Wages & salaries
Beginning in 1997, an employer with 100 or fewer employees is able to adopt the Savings Incentive Match Plan for Employees (SIMPLE). The SIMPLE plan can be either an IRA or 401(k), which is called a qualified SIMPLE plan when differences between the 2 plans exist. The SIMPLE plan needs to satisfy certain requirements, such as all contributions made to an employee's SIMPLE account are fully invested.

Metrics

4 Record Views

Details