Automatic Data Processing Inc.

Small and emerging businesses can help their employees save

for retirement with the new SIMPLE IRA Business Retirement Plan, from the Retirement Services Group of Automatic Data Processing Inc. (ADP). The product, available to businesses with 100 or fewer employees, allows employees and employers to invest up to $6,000 annually in a tax-deferred account, and business owners may deduct any matching contributions. The product is integrated with ADP's payroll services, which eliminates the need for small business owners to directly submit payroll data by telephone or fax.

Lynn Miller is a freelance writer and editor based in Alexandria, Va.