What is a SIMPLE IRA?

SIMPLE IRA A SIMPLE IRA or Savings Incentive Match Plan for Employees gives small employers a simple way to make contributions toward their employee’s retirement and their own retirement .* Annual contribution limit No income limit, but your max contribution limit is capped* Salary Reduction Contribution (employee's contribution) Employer Contribution (matching contributions) of the Employee’s Compensation of the Employee’s Compensation Employer Contribution (non-elective contributions) Deadline to make 2018 contribution is your company’s filing deadline (plus any extensions) $ 12,500 3% 2% Retain employees With employees switching jobs more frequently, SIMPLE IRA is a perk to retain talented employees Get started with an IRA in 5 minutes www.qplum.co/ira 1-888-QPLUM-4U contact@qplum.co Harborside 5, 185 Hudson Street Suite 1620, Jersey City, NJ 07311 Withdrawals Age when you withdraw and tax implications ** Taxed at current tax bracket +10% penalty Taxed at current tax bracket +25% penalty Taxed at current tax bracket 59.5 years 59.5 years 59.5 years Withdraw Before Withdraw Before Withdraw After (if account is lessthan 2 years old) Distributions are mandatory after 70.5 years qplum LLC is a registered investment advisor (see SEC.gov for more information). Information presented is for education purposes only and does not intend to make an offer for solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and there are no guarantees of any kind. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance. Visit our website for full disclaimer and terms of use. *For more information on contributions and tax deductions, click here **To learn more about early distributions, click here *To learn about 2019 retirement account contribution limit changes CLICK HERE $

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