Eligible ECPAC employees can contribute up to 100% of their income with a cap of $17,000 in 2026 ($16,500 in 2025) into a SIMPLE IRA.  Employees age 50 or over are eligible for a $4,000 additional contribution in 2026.

ECPAC will match up to 3% of your salary.

Starting in 2025, all employees can direct their contributions to a Traditional SIMPLE IRA account or a Roth SIMPLE IRA ACCOUNT.

With a Roth IRA, you pay taxes on your contributions when you make them, but your earnings can be withdrawn tax-free after you turn 59 1/2 and the account has been held for at least 5 years. 

With a traditional IRA, you defer taxes on your contributions, but you'll pay taxes on the full amount when you withdraw your money.

ECPAC's match contribution will be made to the Traditional account.

Ready to get started? Schedule a time to open your account and review investment options with Aubrey Coleman, CFP® (that's me on the right!) by clicking here: CALENDAR