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SIMPLE IRA

The savings incentive match plan (SIMPLE IRA) is a tax-deferred retirement savings plan for employees. The maximum contribution an employee can make in 2019 is $13,000. Learn more about SIMPLE IRAs here. 

Gusto does not manage SIMPLE IRAs, but you can add the benefit to your Gusto account so that your team can pay taxes correctly.

 

Payroll, benefits, HR and more.