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INSTRUCTIONS FOR OPENING A SIMPLE IRA AT MAINSTAY TRUST Complete all REQUIRED and applicable OPTIONAL items, type or print legibly. Note: Mainstay Trust will not set up new accounts if required information
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What is simple ira at mainstar?
Simple IRA at Mainstar is a retirement savings plan for small businesses that allows employees to make contributions and employers to make matching contributions.
Who is required to file simple ira at mainstar?
Employers with less than 100 employees who want to offer a retirement savings plan are required to file Simple IRA at Mainstar.
How to fill out simple ira at mainstar?
To fill out Simple IRA at Mainstar, employers need to set up the plan, determine employee eligibility, establish a salary reduction agreement, and select investments.
What is the purpose of simple ira at mainstar?
The purpose of Simple IRA at Mainstar is to provide a retirement savings plan for small businesses and their employees.
What information must be reported on simple ira at mainstar?
Information such as employee contributions, employer matching contributions, and investment choices must be reported on Simple IRA at Mainstar.
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