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SIMPLE IRA Employee Application & Brochure  AllianceBernstein  Form

SIMPLE IRA Employee Application & Brochure AllianceBernstein Form

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Video instructions and help with filling out and completing SIMPLE IRA Employee Application & Brochure AllianceBernstein Form

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Instructions and help about simple ira brochure

Hi everyone, I wanted to give you a quick update.  This video is for folks who have SIMPLE IRA Plus   retirement plans specifically with American  Funds, so if you're seeing this video you're   in that category. There's been some changes.  There was some legislation that was passed last   year that was going to or is going to allow Roth  IRA contributions into a retirement plan. American   Funds just recently sent out a memo that said if  you have a SIMPLE IRA Plus if you do a new one for   2025 you can start putting in Roth contributions  or employees can. If you have a current one,   which is most of you getting this this video,  you'll have the ability to reinstate your plan   in November for January 2025 to offer Roth  deductions or employee contributions. They   are continuing to evaluate the employer match and  whether or not that can be Roth or traditional,   but that hasn't been set up yet. So the  key takeaway

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