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A Savings Incentive Match Plan for Employees, or SIMPLE, Individual Retirement Account is a tax-deferred retirement plan that small employers can set up for the benefit of their employees. These accounts are easier to ad... More »

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Employees can contribute to a SIMPLE IRA by reducing their salaries and transferring the money into the IRA. After an employee contribution is made, the employer has to make either a non-elective contribution or a contri... More »

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In 2015, an individual may defer up to $12,500 of his or her salary to a SIMPLE IRA, according to IRS.gov. An employee over the age of 50, however, may make a "catch-up contribution" of an additional $3,000, bringing his... More »

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In the term SIMPLE IRA, SIMPLE is an acronym for Savings Investment Match Plan For Employees and is used to describe a type of retirement plan designed for businesses with 100 or fewer employees, notes Investopedia. The ... More »

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Employees who leave federal service can withdraw money from their Thrift Savings Plan or roll over the funds to an IRA or an employee-sponsored retirement plan once the new account is active. Employees may have to pay ta... More »

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Retirement plan sponsors are companies or employers who set up a retirement plan for employees, according to Investopedia. Retirement sponsors determine an employee's contribution payment and where to invest the money. T... More »

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As long as a person is separated from his job, moving the money in a 401(k) plan into an individual retirement account requires little more than choosing the proper fund for the individual's needs, according to Good Fina... More »

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