A cost-effective alternative to the 401(k) plan for the small employer, the savings incentive match plan for employees of small employers (SIMPLE) IRA plan is easy to establish with Ascensus' IRS-approved prototype plan and model kits.
SIMPLE IRA Prototype Plan Kit – Provides DFI Flexibility
- “About the SIMPLE IRA Plan” feature sheet
- Eligibility form
- Adoption agreement
- Basic plan document
- Participation notice and summary description
- Salary reduction agreement
- Instructions for establishing the SIMPLE IRA plan
5305-SIMPLE IRA Plan Kit – For Use as a DFI
- General information about the plan
- Employer eligibility checklist
- IRS Form 5305-SIMPLE plan document and instructions
- Participation notice and summary description
- Salary reduction agreement
5304-SIMPLE IRA Plan Kit – Not Subject to DFI Rules
- General information about the plan
- Employer eligibility checklist
- IRS Form 5304-SIMPLE plan document and instructions
- Participation notice and summary description
- Salary reduction agreement
800-346-3860 opt. 2