Elective Deferrals - Not Required. You are not required to make elective deferrals under this SIMPLE Retirement Plan. However, if the Employer is matching your elective deferrals, no Employer contribution will be made on your behalf unless you elect to defer under the plan.
Appears in 3 contracts
Samples: Simple Individual Retirement Custodial Account, Custodial Agreement, Simple Individual Retirement Custodial Account
Elective Deferrals - Not Required. You are not required to make elective deferrals under this SIMPLE Retirement Plan. However, if the Employer is matching your elective deferralsdefer- rals, no Employer contribution will be made on your behalf unless you elect to defer under the plan.
Appears in 1 contract
Samples: Simple Ira Employer Kit
