Simple IRA
Employee Plan Administrator
SIMPLE IRA
The Employee Plan Administrator account lets self-employed individual and companies of less than 100 employees offer employees a Savings Investment Match Plan for Employees Individual Retirement Account (SIMPLE IRA).
The IBKR Advantage
- Low margin rates, with rates as low as 5.08%.1
- Earn interest of 4.08% on instantly available USD cash balances.2
- Our Stock Yield Enhancement Program lets you earn extra income on the fully-paid shares of stock held in your account.
- Invest in stocks, options, futures, currencies, bonds, funds and more across 150 markets in 34 countries from a single unified platform.
- Fractional shares let you divide investments among more stocks to achieve a more diversified portfolio.
- Our Advisor Marketplace provides access to hundreds of registered investment advisors and dozens of advisor portfolios, including Smart Beta portfolios offered by Interactive Advisors.
- For more information, see our disclaimers.
- Restrictions apply. For additional information, see our interest rates. Credit interest rate as of November 11, 2024.
Professional Pricing – Maximize Your Returns
IBKR offers the lowest1 cost and access to stocks, options, futures, currencies , bonds and funds from a single unified platform. If an exchange provides a rebate, we pass some or all of the savings directly back to you.
Learn About CommissionsMargin rates up to 51% lower than the industry.2
Compare Margin RatesEarn interest rates of up to USD 4.08% on instantly available cash.3
Compare Interest RatesEarn extra income on your lendable shares.
See Stock Yield Enhancement- Lowest Cost Broker according to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers."
- For complete information, see our margin rate comparison
- Restrictions apply. See additional information on interest rates. Credit interest rate as of November 11, 2024.
Discover a World of Opportunities
Invest globally in stocks, options, futures, currencies, bonds and funds from a single unified platform. Fund your account in multiple currencies and trade assets denominated in multiple currencies. Access market data 24 hours a day and six days a week.
150
Markets
34
Countries
28
Currencies*
Global Markets
*Available currencies vary by Interactive Brokers affiliate.
Graphic is for illustrative purposes only and should not be relied upon for investment decisions.
Explore Our Global Offering
IBKR GlobalAnalyst
IBKR GlobalAnalyst is designed for investors who are interested in international portfolio diversification. It helps you find new opportunities to diversify your portfolio and discover undervalued companies that may have greater growth potential.
Bond Marketplace
IBKR has no mark-ups or built-in spreads and offers low and fully transparent commissions on bonds. Access a vast universe of more than 1 million bonds and trade US Treasuries around the clock five days per week.
Mutual Fund Marketplace
The Mutual Fund Marketplace offers an extensive availability of mutual funds from around the world. Use our Mutual Fund Search Tool to search funds from more than 600 fund families and filter funds by country, fund family, transaction fee or fund type.
Short Securities Availability
The Shortable Instruments (SLB) Search tool is a fully electronic, self-service utility that lets clients search for availability of shortable securities. Shortable availability and borrow fees are broadcast in real-time on Trader Workstation (TWS), IBKR Desktop, the Client Portal, FTP files and API data feeds.
Overnight Trading Hours
Trade select US stocks and ETFs around the clock, five days per week. Access US stocks and ETFs when market-moving news happens and trade during Asian market hours or whenever it is convenient for you.1
- Any discussion or mention of an ETF is not to be construed as recommendation, promotion or solicitation. All investors should review and consider associated investment risks, charges and expenses of the investment company or fund prior to investing. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
Technology to Help Individual Investors and Traders Succeed
Trading Platforms
Powerful enough for the professional trader but designed for everyone. Available on desktop, mobile and web.
Comprehensive Reporting
Real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis and more.
Fractional Trading
Buy or sell any eligible US or European stocks/ETFs using fractional shares, which are stock units that amount to less than one full share, or by placing an order for a specific purchase price rather than quantity of shares.
Free Trading Tools
Spot market opportunities, analyze results, manage your account and make better decisions with our free trading tools.
Free Account Tools
Manage taxes and corporate actions, learn about T+1 settlement and trade allocations, and read about additional tools and services available to clients.
A Broker You Can Trust
When placing your money with a broker, you need to make sure your broker is secure and can endure through good and bad times. Our strong capital position, conservative balance sheet and automated risk controls are designed to protect IBKR and our clients from large trading losses.
IBKR
Nasdaq Listed
$16.1B
Equity Capital*
74.2%
Privately Held*
$11.7B
Excess Regulatory Capital*
3.12M
Client Accounts*
2.70M
Daily Avg Revenue Trades*
IBKR Protection
*Interactive Brokers Group and its affiliates. For additional information view our Investors Relations - Earnings Release section.
Investors' Marketplace
600+
investment
services
320+
research
services
450+
technology
services
200+
administrative
services
40+
business dev
services
The Investors' Marketplace lets individual traders and investors, institutions and third-party service providers meet and do business together.
Search for and do business with multiple advisors, brokers, and wealth managers. Access dozens of advisor portfolios, including Smart Beta portfolios, offered by Interactive Advisors. Accredited investors and qualified purchasers can search for, research and invest with hedge funds.
- Advertise your services at no cost and reach individual and institutional users worldwide.
- Locate third-party vendors offering API and FIX CTCI solutions.
- Find third-party, institutional-caliber research providers and access research directly through Trader Workstation (TWS).
Traders' Academy
Webinars
Traders' Insight
Podcasts
Quant Blog
Student Trading Lab
On-Demand Educational Resources – Never Stop Learning
Interactive Brokers provides several resources to help you better understand IBKR products and services, markets and technology.
Learn More with IBKR Campus
Award Winning Platform & Services
#1 Professional Trading
#1 International Trading
Best Online Broker,
for Advanced Traders
#1 Best Online Broker
5 out of 5 stars
Best for
Advanced Traders
Best Online Broker
Employee Plan Administrator | SIMPLE IRA Account Structure
The Employee Plan Administrator account is an administrator account linked to up to 100 SIMPLE IRA Accounts.
Account Information – Employee Plan Administrator
Manage up to 100 SIMPLE IRA accounts under a single login.
The Employee Plan Administrator account allows you to invite employees to open SIMPLE IRA accounts and manage the deposits/contributions to SIMPLE IRA Accounts. Trading and broker transfers are not permitted.
Employee Plan Administrators must be located in the United States.
SIMPLE IRA accounts are available for individual US citizens living anywhere and US resident aliens.
Account Information – SIMPLE IRA
Contributions are made through your employer’s Simple IRA plan. SIMPLE IRA account holders are not permitted to make deposits to their SIMPLE IRA account, but can rollover, direct rollover or perform a trustee-to-trustee transfer of funds from another trustee/custodian.
Interactive Brokers offers cash or margin Savings Investment Match Plan for Employees (SIMPLE) Individual Retirement Accounts (IRAs).
IRA margin accounts allow trading so the account can be fully invested as well as the ability to trade multiple currencies and multiple currency products, but are subject to the following limitations:
- No cash borrowing (i.e. cannot have a debit balance or short stocks).
- IRA accounts may be opened in any base currency, but when trading in a non-base currency product, a currency trade must be executed first as you cannot borrow currencies.
- Withdrawals are permitted only in USD.
- No stock or option cross-margining.
- No currency borrowing.
- Futures margin trading in an Individual Retirement Account (IRA) is subject to substantially higher margin requirements than in a non-IRA margin account. Margin rates in an IRA margin account may meet or exceed twice the overnight futures margin requirement imposed in a non-IRA margin account.
IBKR does not allow trading or holdings of securities such as Master Limited Partnerships (MLPs) in retirement accounts that have the potential to generate UBTI (Unrelated Business Taxable Income) as this type of income has the potential to trigger taxes and tax reporting in an otherwise tax-deferred account type. Clients are advised to consult a tax specialist for further details on IRA rules and regulations. We do not support reduced (treaty) tax rates for distributions from US IRAs to foreign beneficiaries.
Open an Employee Plan Administrator Account
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at (202) 371-8300.
Guides
Disclosures
- According to StockBrokers.com Interactive Brokers Review: Read the full article Online Broker Reviews, May 6, 2024. "Professionals can take advantage of industry-leading commissions, including the lowest margin rates across all balance tiers." View our margin rates for more information.
- Restrictions apply. See additional information on interest rates. Credit interest rate as of November 11, 2024.
- Lowest Cost Broker according to StockBrokers.com Online Broker Survey 2023: Read the full article Online Broker Reviews, May 18, 2023. "Because Interactive Brokers' core clientele are professional traders and institutional investors (e.g., hedge funds), it is crucial to provide the lowest commissions schedule available. In our rigorous assessment, there is no question Interactive Brokers delivers."
- For complete information, see our margin rate comparison
- Available currencies vary by Interactive Brokers affiliate.
- Any discussion or mention of an ETF is not to be construed as a recommendation, promotion or solicitation. All investors should review and consider associated investment risks, charges and expenses of the investment company or fund prior to investing. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.
- Interactive Brokers Group and its affiliates. For additional information view our Investors Relations - Earnings Release section.