Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- SIMPLE IRA
Savings Incentive Match Plan for Employees-IRA. This plan replaced the SARSEP-IRA for new accounts as of Jan. 1, 1997. It's for the self-employed and businesses with fewer than 100 employees. Both the employer and the employee may make contributions.Back