A Savings Incentive Match Plan for Employees (SIMPLE) IRA allows you and your employer to contribute to your retirement savings. Investing can be intimidating, but you don't have to do it alone. Watch this video to learn more about investing in a SIMPLE IRA.



  • No minimums to get started
  • Your contributions are taken before taxes—reducing current income tax
  • The money is always yours, even if you change jobs
  • Employer contributes for you, meaning more savings if you participate
  • Wide range of no-load mutual funds available
bills of money

Contributions & Fees

How Much Can I Contribute?

  • Under Age 50: Payroll deductions up to $13,500*
  • Age 50 or Older: Payroll deductions up to $13,500* plus $3,000* in catch-up contributions

* Limits listed are for 2021, set by the IRS annually.

Custodial Fees

Waived if you have $10,000 or more in investments; $15 annual custodial fee per fund if you have less than $10,000.

One-on-one guidance at 1-800-345-3533 or online 24/7Education & Tools

Enroll in Your SIMPLE IRA plan

Follow these easy steps to start saving in your plan. Call 1-800-345-3533 if you need help.

Step 1: Review the Disclosure Statement and Custodial Agreement .

Step 2: Complete the SIMPLE IRA Account Application online in less than 15 minutes.

Step 3: Complete a Salary Reduction Agreement  and return to your benefits or payroll office.

Manage Your Retirement Investments Easier

Having all of your retirement savings in one place can make it easier to track your progress toward your goal. Consider consolidating your investments with us. Complete the Request to Transfer  form to get started.

Have questions or need help?

Call us to speak to a Business & Retirement Specialist.


IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.

This information is for educational purposes only and is not intended as a personalized recommendation or fiduciary advice. There are different options available for your retirement plan investments. You should consider all options before making a decision. Our representatives can help you evaluate all of your distribution options.

Diversification does not assure a profit nor does it protect against loss of principal.