Smaller employers (no more than 25 employees):
Larger employers (more than 25 employees):
All employers:
* The higher limits are not effective until 2024. As of the date of this email, the IRS has not published contribution limits for 2024. Typically, the IRS announces limits for the following year on www.irs.gov in late October. The Notification to Eligible Employees includes figures that illustrate what the higher limits would have been had they been in effect for 2023.
o Plan Information: Provide the name of the company, address, EIN and employer contact.
o Eligibility Requirements: Complete if applicable. Refer to Section 3 of your plan’s Adoption Agreement if necessary .
** Includes references to the 2023 contribution limits because the 2024 limits are not available yet.
Make sure your plan contact information is up-to-date.
SIMPLE IRAs
Learn about eligibility, contributions, pricing, taxes and testing, administration and investment options.
SIMPLE IRA forms and resources
Find forms and resources to open, update or transact on a SIMPLE IRA plan.
Online Group Investments website user guide
Help plan sponsors learn how to use the many time-saving tools available at the Online Group Investments website with this guide.