|Who May Establish
100 or fewer employees, including sole proprietors, partnerships, corporations,
government and nonprofit and entities. Must be employers only plan.
||January 1 through
withheld each pay period. Employer contributions by tax filing date including
|Annual Contribution Limit²
defer up to $12,500 ($15,500 if age 50 or older) in 2016 with no percentage of pay limit. Employer makes additional required contributions.
make required 3% match or 2% of pay contribution for eligible employees
earning $5,000 or more in any two prior years and expected to earn $5,000
in current year.
||Always 100% for
both employer and employee contributions.
subject to income tax. A 10% penalty (25% during first two years of participation)
may apply before age 59½.
Before investing, consider the productís investment objectives, risks, charges and expenses. Contact your advisor or Pioneer Investments for a prospectus or summary prospectus containing this information. Read it carefully.