Technical Analysis Glossary Retirement companies inflation

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Technical Analysis Glossary: Savings Incentive Match Plan for Employees (SIMPLE) 401(k) plan

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Term:

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

Definition:

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

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Nasdaq in a week?
Up
The same as now
Down
I don't know

Nasdaq in a month?
Up
The same as now
Down
I don't know

Great Sites:
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9/2/2010 - SV1