SMALL BUSINESS SEP IRA
Ascensus SIMPLE IRA for Small Businesses
A SIMPLE IRA is a streamlined retirement plan for small businesses that allows employees to save for retirement directly through their paycheck. With straightforward administration and employer contributions built into the plan, it's designed to make sponsoring a retirement plan easier to manage.
Is a SIMPLE IRA right for your business?
This plan is commonly used by small businesses and self-employed individuals. A SIMPLE IRA is designed for employers that:1
Have 100 or fewer employees
Do not sponsor another retirement plan
Want a retirement plan that's easy to establish and maintain
Benefits for employers
With a SIMPLE IRA plan through Ascensus, employers can benefit from:
No plan fees at the employer level
Tax-deductible employer contributions
A retirement benefit that can help attract and retain employees
Investment selection guided by your advisor to fit your business goals
Dedicated retirement plan support
View the full list of plan design features and options available, download the Plan Sponsor Overview.
Choose how you contribute each year
Employers can choose to match employee contributions or make contributions for all eligible employees, giving
you the flexibility to select the contribution method that works for your business.
SIMPLE IRA pricing
Transparent, predictable pricing, with no employer-level fees.
As of 03/09/2026
Pricing subject to change. Investment expenses not included.
Employer base fee
$0 per month
$0 One-time setup fee
Employee fees
$0-$10 per account annually based on assets
Why choose an Ascensus SIMPLE IRA
A SIMPLE IRA gives small businesses a practical, cost-effective retirement solution that can help you:
Save for your own retirement as a business owner
Offer employees an easy way to save through payroll deferrals
Keep plan administration and maintenance simple
Take advantage of potential tax credits for starting a plan2
Help attract and retain employees with minimal overhead
How to open a SIMPLE IRA
Setting up a SIMPLE IRA plan through Ascensus starts with a financial advisor, who can guide plan setup and administration and help you choose investments for your business.
An Ascensus retirement specialist can answer your questions and walk you through plan features, pricing, and next steps.
Complete the form, and our team will reach out within one business day. Need immediate assistance? Contact us directly.
Call our retirement specialists at 855‑537‑9555.
Are you an advisor?
Explore retirement plan options for your client.
Are you an employer without an advisor?
Explore additional small business solutions:
SEP IRA featuring Vanguard
SIMPLE IRA featuring Vanguard
1Tax credit availability and amount depend on eligibility requirements.
2Tax benefits and credits depend on individual circumstances. Consult your tax advisor regarding eligibility.
Before adopting any plan, you should carefully consider all of the benefits, risks, and costs associated with a plan. Information regarding retirement plans is general and is not intended as legal or tax advice. Retirement plans are complex, and the federal and state laws or regulations on which they are based vary for each type of plan and are subject to change. In addition, some products, investment vehicles, and services may not be available or appropriate in all workplace retirement plans. Plan sponsors and plan administrators should seek the advice of legal counsel or a tax professional to address their specific situations.