Offered by PNC Investments

If you employ fewer than 100 employees who earned $5,000 or more in any two years prior and who are expected to earn at least that much this year, consider a SIMPLE (Savings Incentive Match Plan for Employees) IRA from PNC Investments. This plan type is easy to open and run, has low costs and fees, and all funds accumulate on a tax-deferred basis.

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Key Features

Easier to Manage

Administration may be simpler and less costly than a 401(k) plan, and employees manage their own accounts

Immediate 100% Vesting

Any contributions in a SIMPLE plan are 100% vested immediately

Employer Determines Contributions

As an employer, you decide how much you want to contribute and match


  • An alternative to traditional 401(k) plans, a SIMPLE IRA is a tax-advantaged retirement plan for small businesses with fewer than 100 employees
  • All contributions are immediately 100% vested
  • Money is invested tax-deferred
  • Employees manage their own accounts and make their own investment selections
  • As an employer, you decide how much you want to contribute and match, subject to certain restrictions
  • Employers must either match a portion of the employee’s contribution or make a non-deductible contribution to all employees
  • Employers offering a SIMPLE IRA are generally not permitted to offer any other retirement plan

Associated Products & Services

The following information may be provided by PNC Investments affiliates, including PNC Bank, PNC Wealth Management® or PNC Institutional Asset Management®:


Whether you’re running your own business as a sole proprietor or have a staff of any size, consider a SEP-IRA (Simplified Employee Pension-IRA) from PNC Investments. This plan type allows you to leverage tax-advantaged investments for yourself and your employees.

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Defined Contribution Retirement Solutions

PNC Institutional Asset Management offers customized, flexible options to help your organization meet its fiduciary, investing and employee education needs.

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PNC Investments Advisor-Managed Accounts

Accounts managed on your behalf by a Registered Investment Advisor.

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Important Legal Disclosures and Information

This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.

Important Investor Information: Brokerage and insurance products are:

Not FDIC Insured • Not Bank Guaranteed • Not A Deposit
Not Insured By Any Federal Government Agency • May Lose Value

Securities products, brokerage services and managed account advisory services are offered by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and member FINRA, and SIPC. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency.

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This document provides information on additional compensation that PNC Investments receives from certain mutual fund companies, 529 plan program managers and insurance companies.

This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.

PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.

PNC Investments LLC, PNC Insurance Services, LLC and PNC Bank, National Association are each affiliated with The PNC Financial Services Group, Inc.

Bank deposit products and services provided by PNC Bank, National Association. Member FDIC.

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