SIMPLE

Retirement plan · United States

401(k) retirement plan

The full summary plan description for an employer 401(k): how much your employer adds when you save, when the money becomes yours, and how to take it out.

A public summary plan description (Nova Southeastern University). This document is in the public domain. We use it to show the method; the simplification is ours.

Reading ease, 0 to 100 (higher is easier)

43Original
76Simple
100Very simple

01

The original

The document exactly as it was issued.

02

Simple

Plain words, with technical terms explained in place.

03

Very simple

Everyday words and worked examples only.