See Also: Savings Incentive Match Plan for Employees (SIMPLE) 401(k) plan(money)
Savings Incentive Match Plan for Employees (SIMPLE) 401(k) plan(finance)
Registered education savings plan(finance)
Registered retirement savings plan deduction(finance)
Registered Retirement Savings Plan (RRSP)(money)
Registered retirement savings plan (RRSP)(finance)
Money purchase plan(money)
Money-purchase pension plan(finance)
Plan B(money)
PLAN(law)

Savings Incentive Match Plan for Employees (SIMPLE) 401(k) plan (money)


Definition: [crh] A tax-deferred retirement savings plan similar to a conventional 401(k) plan, redesigned with specific rules to meet the needs of small eDefinition: mployers. The Small Business Job Protection Act of 1996 created these plans for companies with fewer than 100 employees. An employee's contriDefinition: butions are indexed for inflation, and employers must make annual annual matching contributions.