SIMPLE

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Definition: SIMPLE

SIMPLE
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Full Definition of SIMPLE

Savings Incentive Match Plan for Employees. A retirement plan sponsored by companies with fewer than 100 employees which is attractive for employers because it avoids some of the administrative fees and paperwork of plans such as a 401(k) plan. A SIMPLE plan may be structured as either a 401(k) or an IRA.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/simple/
Modern Language Association (MLA):
SIMPLE. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/simple/.
Chicago Manual of Style (CMS):
SIMPLE. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/simple/ (accessed: April 19, 2024).
American Psychological Association (APA):
SIMPLE. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/simple/

Definition Sources

Definitions for SIMPLE are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.