SIMPLE IRA Documentation for Plan Participants

Information for participants in plans using the American Funds SIMPLE IRA Plus offering:

2022 Information for employers in plans using the UBS Financial Services Inc. SIMPLE IRA offering:

As a SIMPLE IRA plan sponsor, you are required by the Internal Revenue Service to provide the UBS SIMPLE IRA Summary Description and a copy of your completed SIMPLE IRA Plan/Adoption Agreement to all employees who are eligible to participate in your SIMPLE IRA Plan. The deadline for distributing these materials is November 1, 2022.

A notice with more detailed information, the UBS SIMPLE IRA Summary Description and a sample employee letter are posted below. We've highlighted text in the employee letter that may help you personalize it according to your plan's requirements.

Please contact your Financial Advisor with questions.