Good If You...

  • Want a Low Cost Retirement Plan to Offer to Employees
  • Are a Small or Entrepreneurial Business
  • Need a Portable Plan that Allows Both Employees and Employer to Contribute


  • Employees Contribute to Traditional IRAs in Their Name1
  • Employer Can Also Contribute Matching Funds1
  • Total Annual Contributions Limited1
  • Interest Earnings Tax-Deferred1

What Are the Investment Vehicles for the SIMPLE IRAs?

Individual Retirement Accounts (IRAs) setup as a part of the SIMPLE are structured as brokerage accounts invested in stocks, bonds or other types of investments, which are not guaranteed and may lose value. If you are interested in this type of retirement savings, please speak with a representative from First Citizens Investment & Trust Department.2


Retirement Planning

First Citizens Investment & Trust Department2


Ready to Get Started?

Contact UsVisit Any Office


1 Consult a qualified tax professional for details.

2 Not FDIC Insured • Not Bank Guaranteed • May Lose Value • Not Insured by Any Federal Government Agency • Not a Bank Deposit