With roughly 10,000 unique bird species in the world, it can be difficult to identify exactly what makes a bird a bird, but these remarkable creatures share a number of characteristics that help classify them as birds..
An employer who elects to make matching contributions to a SIMPLE IRA may reduce the 3% matching contribution to a minimum of 1% for two out of five years, or the employer may replace the 3% matching contribution with a 2% nonelective contribution.
As of 2012, you can contribute up to $11,500 into a SIMPLE IRA. People age 50 and older can make an additional annual contribution of $2,500.