Comerica knows that a lot of self-employed people and small business owners with fewer than 100 employees are looking for a straight-forward retirement solution. Without the start-up and operating cost of a more traditional plan, our SIMPLE (Savings Incentive Match PLan for Employees) IRA1
is the perfect answer. It’s easy to establish and maintain with fewer administrative requirements.
Features include the following options
- Minor administrative requirements
- Easy to establish and maintain
- Tax-deferred earnings on contributions2
- Pre-tax benefits2
- 100% immediate vesting2