Save for the Future? Your Employer Makes It Possible

Your future may be brighter for it.

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A SIMPLE IRA plan gives you an easy way to invest for your future. Investing can sound intimidating, but even small amounts from each paycheck can make a big difference over time. Plus, your employer's match can add up to even more.

Call your plan’s advisor or reach out to your employer to get started.

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Already Have an Account?

Log in to your account if you already enrolled in your SIMPLE plan.

Questions about your existing account?
Reach out to us at 1-888-963-9847 for help.

SIMPLE IRAs—Like a 401(k), but for Small Businesses

So, what is this SIMPLE IRA plan you have? Similar to a 401(k), you contribute to the plan right from your paycheck, and your employer matches up to a certain amount. Watch the video to learn more.

Don't miss out on the match; join now!

Need More Information?

Find out more about your SIMPLE IRA plan and saving for retirement.

Spreading out your money in several different kinds of investments is a strategy called diversification, and we believe it works. It can help reduce risk in a portfolio and potentially give you a better chance of achieving your retirement goal. There are two options for putting this strategy in place:

Option 1: Invest with Target Date Portfolios

Explore One Choice® Target Date Portfolios designed specifically for retirement investing. Start by choosing a fund based on your birth year and future retirement date. Your money will automatically diversify in up to 16 funds in a single investment.

A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.

Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and cash equivalents.

Option 2: Build Your Own Portfolio

Research and select individual funds from our list of actively managed mutual funds.

Asset Class

Fund Name

Ticker Symbol

Target Date

One Choice 2025 Portfolio


Target Date

One Choice 2030 Portfolio


Target Date

One Choice 2035 Portfolio


Target Date

One Choice 2040 Portfolio


Target Date

One Choice 2045 Portfolio


Target Date

One Choice 2050 Portfolio


Target Date

One Choice 2055 Portfolio


Target Date

One Choice 2060 Portfolio


Target Date

One Choice 2065 Portfolio


Target Date

One Choice In Retirement Portfolio


Target Risk

One Choice Portfolio: Very Aggressive


Target Risk

One Choice Portfolio: Aggressive


Target Risk

One Choice Portfolio: Moderate


Target Risk

One Choice Portfolio: Conservative


Target Risk

One Choice Portfolio: Very Conservative


Large Growth

Ultra Fund


Large Value

Equity Income Fund


Large Blend

Sustainable Equity Fund


Mid Growth

Heritage Fund


Mid Value

Mid Cap Value Fund


Small Growth

Small Cap Growth Fund


Small Value

Small Cap Dividend Fund


Foreign Large Growth

International Growth Fund


Foreign Small/Mid Growth

International Opportunities Fund


Emerging Markets

Emerging Markets Fund


Intermediary Core Bond

Diversified Bond Fund


Short-Term Bond

Short Duration Fund


High Yield Bond

High-Yield Fund


Intermediary Government Bond

Government Bond Fund


World Bond

Global Bond Fund


Inflation-Protected Bond

Inflation-Adjusted Bond Fund


Multisector Bond

Multisector Income Fund


Money Market

Prime Money Market Fund*


Contribution Calculator

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Future Value Calculator

See how regular investing and compounding can affect the value of your investment over time.

What is a SIMPLE IRA?

SIMPLE IRA stands for Savings Incentive Match Plan for Employees of Small Employers Individual Retirement Account.

By participating in your company's SIMPLE IRA plan, you can take advantage of these benefits now:

  • It's convenient: Contributions are automatically withdrawn from your paycheck and invested in your SIMPLE IRA according to your instructions.

  • It lowers taxes: Contributions are withdrawn on a pre-tax basis (before federal and state taxes) which lowers your taxable income. In addition, the earnings on your SIMPLE IRA are tax deferred which means you won't pay taxes until you withdraw the money.

  • It's always yours: Since this is your account and not your employer's, you remain in control of your money, even if you change jobs.

SIMPLE IRAs are a smart choice for retirement investing. Don't miss out on this opportunity to take control of your financial future.

May I participate in a SIMPLE IRA if I participate in another retirement plan sponsored by another employer?

Yes. If you work for more than one employer, you may also participate in another retirement plan in addition to your SIMPLE IRA, but certain contribution limits across the plans may still be applicable.

Are all employees eligible to participate in a SIMPLE IRA?

Generally, any employee who has earned at least $5,000 during any two prior years and who is expected to earn $5,000 in the current year must be eligible to participate in a SIMPLE IRA. However, your employer may choose to exclude certain union employees, or the employer may impose less stringent requirements. Please refer to the Summary Plan Description provided by your employer for the rules specific to your plan.

Who controls my SIMPLE IRA?

  • You are always in control of your SIMPLE IRA—you control how much you invest and when you start withdrawing your money.

  • The contributions your employer makes to your SIMPLE IRA become your property when they are invested in your account. The contributions are immediately 100% vested.

Who is American Century Investments®?

American Century Investments has a powerful vision: Help people like you achieve financial success for goals like retirement. For over 65 years, our commitment has not waivered. Being client- and performance-focused was the first step, but not the end of the story. The vision also includes significant, ongoing contributions to humanity through funding breakthrough medical research. Both inspire us to do what we believe is right every day—including advocating principles such as diversification. We make it possible by offering more than 30 mutual funds across all major investing disciplines from which to choose. Or you can opt for a convenient pre-diversified portfolio built by our professionals. Either way, you'll experience professionally and actively managed mutual funds, exceptional service and people who are passionate about helping you reach your goal. We think it adds up to a great value for you.

How much can I contribute?

  • According to IRS limits, eligible employees may make pretax salary contributions, and employees age 50 and older may be able to make an additional "catch-up" contribution.

  • You are able to choose either a percentage or flat dollar amount which will be automatically deducted from each paycheck. You will provide these salary deferral instructions on the Salary Reduction Agreement form.

How much can my employer contribute?

  • Your employer has the option to match 100% of your salary deferrals, up to the first 3% of your compensation, or a 2% non-elective contribution to all eligible employees. In years that your employer chooses matching, they may elect to match a lower percentage, as long as it is not lower than 1% of your compensation. This option is only allowed for up to two years of any five-year period.

  • The employer must notify you which type of contribution they will make prior to the 60-day election period each plan year.

  • If your employer elects to make the 2% non-elective contribution, you may be required to earn up to $5,000 in compensation to be eligible for a contribution.

  • Just like your contributions, any employer contributions will be invested in your SIMPLE IRA in the fund(s) you have selected.

Is my employer required to contribute to my SIMPLE IRA?

Yes, your employer must make either matching or non-elective contributions each year. Your employer must notify you of the contribution type and the contribution percentage prior to your initial eligibility and at the beginning of each annual 60-day election period (the 60 days during which you may enter into or modify your salary reduction agreement for the following year).

When can I withdraw my money?

  • Your money must stay in a SIMPLE IRA for two years from your initial contribution date or the withdrawal maybe subject to a 25% IRS penalty. After two years, the normal IRA distribution rules apply (see below).

  • You may withdraw money penalty-free beginning on the day you turn 59½ years old.

  • If you withdraw money prior to 59½ years old, you may have to pay significant taxes and penalties. A SIMPLE IRA is intended to be a long-term investment to be used to help fund your future retirement.

Are there any custodial fees assessed?

You will be charged a $15 fee from each participant account. The fee is calculated on the second Friday in November of each year.

I have money in a retirement plan from my old employer. Can I roll it into my SIMPLE plan?

Now that you have a SIMPLE retirement plan, you may want to consider consolidating money from an old 401(k), 403(b) or other retirement plan.

American Century Investments® can review your options and help you consolidate which may help you stay on track toward a successful retirement. Our dedicated rollover consultants can help you through the process quickly and easily.

Call 1-888-963-9847 to speak with one of our Business Retirement Specialists today.

Save for Your Future? Your Employer Make It Possible

Your future may be brighter for it.

A SIMPLE IRA plan gives you an easy way to invest for your future. Investing can sound intimidating, but even small amounts from each paycheck can make a big difference over time. Plus, your employer's match can add up to even more.

Call your plan's advisor or reach out to your employer for more information.

You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. Each fund's prospectus or summary prospectus, which can be obtained by visiting, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon sale of your shares. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.

You could lose money by investing in a mutual fund, even if through your employer's plan or an IRA. An investment in a mutual fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Taxes are deferred until withdrawal if the requirements are met. A 10% penalty may be imposed for withdrawal prior to reaching age 59½.

If withdrawals are made within the first two years of participation in the SIMPLE IRA, the penalty increases to 25%.

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 material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.

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

American Century Investment Services, Inc., Distributor.
Copyright 2024 American Century Proprietary Holdings, Inc. All rights reserved.