Simple IRA Enrollment Video
Your employer is offering a retirement plan called a Simple IRA through Capital Group (American Funds). You can deduct pre-tax money from your pay-check that will automatically be deposited into your Simple IRA and can be invested in a variety of options that are available on the platform. If you defer 3% or more from your paycheck, your employer will match that amount up to the 3%.
Another beneﬁt of the Simple IRA is that all of the employer match is immediately “vested” - if you were to leave the company the money you deferred plus the employer contributions are yours.
- Commit to saving for your future self, and submit your completed SIMPLE IRA form (1 page) to your HR representative or to our Operations Specialist via email (firstname.lastname@example.org).
- Contact Dana (financial advisor) to discuss investment options**, deferral %, and any other questions.
- Complete the full apllication, sent digitally to you via DocuSign. Follow the instructions to electronically sign and submit
- Your account should be ready for deferrals within 7-10 days.
**If you don't contact Dana to discuss investment options, you will automatically be invested in the Target Date fund, an age-based portfolio that is diversified at a risk level based on how close you are to retirement age.