A SIMPLE Solution for Small Businesses

A Security Benefit SIMPLE IRA makes it easy for small business owners to provide a retirement plan for their employees.

A SIMPLE IRA is a low-maintenance, inexpensive and straightforward retirement plan. Best of all, they are easy to understand!

""

Key Features

  • No cost to establish
  • No government forms to file
  • No annual reporting
  • No non-discrimination testing
  • Pre-tax salary deferrals (including catch-up contributions)
  • Mandatory employer match of dollar for dollar up to 3% of compensation or 2% non-elective contribution
  • Reduced matching contribution is available in 2 out of 5 years
  • Tax-deferred account growth
  • Minimal employer involvement
  • Up to 2-year waiting period
  • Free illustration and comparison reports

Let us help you make your small business clients’ retirement SIMPLE. 

Want to learn more?

Complete the form below to download marketing materials that can help you reach potential clients and educate them on the benefits of a SIMPLE IRA retirement plan.

FINANCIAL PROFESSIONAL USE ONLY — NOT FOR USE WITH CONSUMERS
 

Neither Security Benefit nor its affiliates are fiduciaries and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.

Services are offered through Security Distributors, a subsidiary of SBL, which is wholly owned by Security Benefit Corporation (Security Benefit).

Security Benefit, its affiliates and subsidiaries, and their respective employees and/or representatives do not provide tax, accounting, or legal advice. Any statements contained herein concerning taxes are not intended as and should not be construed as tax advice, nor should they be used for the purpose of avoiding federal, state, or local taxes and/or tax penalties. Please seek independent tax, accounting, or legal advice.

SB-10007-03 | 2023/12/14