Design a retirement savings plan with a Savings Incentive Match Plan for Employees (SIMPLE) for your small business.

    With a SIMPLE IRA plan, you and your employees will contribute to Individual Retirement Accounts (IRAs) set up for employees.*

    How can a SIMPLE IRA benefit my business?

    • Set up with just a phone call to your bank
    • Pay low administrative fees
    • Use payroll deductions for tax-deferred employee contributions
    • Match participating employee contributions or contribute a fixed percentage of all eligible employees’ pay
    • Deduct contributions you make from your business expenses

    Is a SIMPLE IRA right for my business? Yes, if you:

    • Employ 100 or fewer employees
    • Choose not to have any other retirement plan
    • Want an easy way to offer a tax-advantaged, company-sponsored retirement plan

  • Contact a business banking representative at 314.862.8300 or stop by any location to get started.

    Not sure which solution is right for your business? Get started with Business Analyzer today and have your answer within minutes.