Alaska SIMPLE IRA

SIMPLE IRA (Savings Incentive Match Plan for Employees Individual Retirement Account) plans are employer sponsored retirement plans typically offered in smaller businesses with less than 100 employees.  Unlike 401(k) plans, SIMPLE IRA’s include a required employer matching incentive built into the plan.  The match can be up to 3% of the employee’s salary or a flat 2% of salary.  These plans are popular among small business owners who are not trying to maximize their annual retirement savings but want an employee benefit plan available. One of the major benefits to these plans are they are reasonably easy to get started. Alaska Retirement Solutions is committed to helping small business owners in Alaska implement and manage their SIMPLE IRA to get the results they are looking for.