A SIMPLE IRA for small businesses provides employers and employees with a simplified and inexpensive way to contribute toward retirement.
Similar to a traditional 401(k) Plan but without the administrative complexities, a SIMPLE IRA allows employees to contribute on a tax-deferred basis through convenient payroll deductions. The employer will also contribute to each individual's account by matching a portion of the employee contributions or contributing a fixed percentage of all eligible employees' pay.
Call 1-800-THE LION to learn more about how a SIMPLE IRA can help you build retirement savings.
Investors should consider the investment objectives, risks, charges, and expenses of a fund carefully before investing. Download a prospectus that contains this and other information about a fund, and read it carefully before investing.