Savings Incentive Match Plan for Employees (SIMPLE)
Fund the following retirement account by using either ADVANTAGE Flex™, ADVANTAGE Plus™, or ADVANTAGE Starter™.
Sponsored by an employer who makes plan contributions to participating employees and their own IRAs, employees may choose to make salary reduction contributions with the employer making matching or non-elective contributions. SIMPLE IRAs usually exist in companies with less than 100 employees. Employers may make contributions to SIMPLE IRAs for employees older than age of 70½. Contribution limits do apply.
Not all products available in all states and the District of Columbia. All benefits subject to terms and conditions.
Contact your financial representative or the home office for costs and complete coverage details. This contract subject to terms and conditions. The description of benefits in this section is brief and does not constitute, in itself, a contract. Review contract terms and conditions.