Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
retirement plan
|
| gptkbp:age |
59½
|
| gptkbp:amends |
allowed but limited
|
| gptkbp:benefits |
available for contributions
|
| gptkbp:construction_cost |
generally low
|
| gptkbp:contribution |
$3,500
based on income $15,500 2% of compensation annual adjustments allowed tax filing deadline up to 3% of compensation |
| gptkbp:culturalHeritage |
recommended
|
| gptkbp:deployedTo |
lump sum or periodic payments
|
| gptkbp:design_feature |
simple and straightforward
|
| gptkbp:distribution |
starting at age 72
|
| gptkbp:education |
recommended for success
|
| gptkbp:employeeCount |
required annually
all employees can participate for contributions made pre-tax_or_Roth |
| gptkbp:employs |
small businesses
matching or nonelective |
| gptkbp:environmental_impact |
contributions reduce taxable income
|
| gptkbp:filingCountry |
must be followed
|
| gptkbp:financial_aid |
not allowed
|
| gptkbp:financials |
important for participants
can administer |
| gptkbp:firstDeployment |
yes
|
| gptkbp:formFactor |
Form 5500 may be required
|
| gptkbp:frequency |
annual
|
| gptkbp:funding |
stocks
ETFs mutual funds bonds |
| gptkbp:future_plans |
required
possible but requires notice |
| https://www.w3.org/2000/01/rdf-schema#label |
Simple IRA
|
| gptkbp:investmentFocus |
varied
long-term recommended varies by investment choice |
| gptkbp:is_available_in |
certain circumstances apply
|
| gptkbp:isBeneficialFor |
allowed
|
| gptkbp:mandates |
minimal compared to other plans
|
| gptkbp:opening_hours |
October 1 of the plan year
|
| gptkbp:rateOfFire |
10% before age 59½
|
| gptkbp:recordings |
required for contributions
|
| gptkbp:retirementYear |
a key component
|
| gptkbp:rollingStock |
to_Roth_IRA
to_traditional_IRA |
| gptkbp:rules |
apply
|
| gptkbp:social_responsibility |
tax-deferred growth
|
| gptkbp:state |
may vary
|
| gptkbp:studentSupportServices |
can assist with setup
|
| gptkbp:tactics |
should be planned carefully
|
| gptkbp:transferFee |
requires forms
|
| gptkbp:type |
individual retirement account
|