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SIMPLE
(redirected from SIP for Instant Messaging and Presence Leverage)

    Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.07 sec.
SIMPLE
A savings incentive match plan for employees that is similar to but more flexible than an IRA for businesses with 100 or fewer employees. Employees enter into a qualified salary reduction agreement to contribute a percentage of their annual compensation to a tax-deferred retirement account.


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