Employers: Create the SIMPLE IRA Plan for your business

Use these checklists to set up your plan

Need help? Call us 24/7 at 888.637.3343.
The SIMPLE IRA checklist (PDF) will walk you step-by-step through opening a plan and enrolling employees.

Open your account

  1. Print, review and retain these documents for your records:

  1. Print and complete:

  1. Return the Employer Adoption Agreement and SIMPLE IRA Account Application to
    Merrill Edge by:

 
Standard Mail
Merrill Edge
Merrill Edge Onboarding
MSC NJ2-14 0 - 02-15
P.O. Box 1501
Pennington, NJ 08534
 
Express Delivery
Merrill Edge
Merrill Edge Onboarding
MSC NJ2-14 0 - 02-15
1400 American Boulevard
Pennington, NJ 08534
 
Fax
Merrill Edge/Merrill Edge Onboarding 866.214.1649
  1. Make contributions

The free Merrill Lynch E-Contribs service makes it easy to contribute to SIMPLE IRA accounts. To enroll, visit the E-Contribs website or call 888.MER.TRIB (637-8742).
 

Enroll employees (including yourself)

  1. Print and distribute these documents to eligible employees:

Note: Individuals who select a different brokerage firm than Merrill must open their account independently. You are only required to provide these employees with the SIMPLE Retirement Account Summary Description (PDF) and Employer Notice and Salary-Reduction Agreement (PDF).
  1. Ask employees to complete and return to you:

  1. Ask employees to complete an application and return to Merrill Edge:

 
Standard Mail
Merrill Edge
Merrill Edge Onboarding
MSC NJ2-14 0 - 02-15
P.O. Box 1501
Pennington, NJ 08534
 
Express Delivery
Merrill Edge
Merrill Edge Onboarding
MSC NJ2-14 0 - 02-15
1800 American Boulevard
Pennington, NJ 08534
 
Fax
Merrill Edge/Merrill Edge Onboarding 866.214.1649
 

Start investing

  1. Create an investment strategy

  1. Find the right investments

  1. Manage your portfolio

 
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