Simple IRA Plan -- RN05-00441P-Y03/05

SIMPLE IRA Plan

Created specifically for businesses with 100 or fewer eligible employees, the Savings Incentive Match Plan for Employees (SIMPLE) IRA offers many of the attractive features of the 401(k) plan—without the administrative requirements. A SIMPLE IRA also enables employees to put away more for their retirement each year, than they could on their own with a Traditional or Roth IRA.

Features

Flexibility in Employer Contributions: The SIMPLE IRA plan can be funded from two funding methods.

Non-elective—Employers can make a non-elective contribution of 2 percent of compensation for all eligible employees¹ OR
Matching—Match deferrals for each eligible employee who defers (up to 3 percent of compensation). An employer can choose a different alternative for each year; and the 3 percent match can be reduced to 1 percent in 2 of any 5 year period.¹

Employee Deferrals. Also, employees have the ability to defer. Eligible employees can defer the lesser of 100 percent of compensation. The limit for 2007 and 2008 increases to $10,500 ($13,000 for employees age 50 or over).¹

Deductibility: Employer contributions are tax-deductible.

Convenient and Tax-Favored: Employee contributions are made through payroll deductions on a pre-tax basis and offer tax-deferred growth potential.

Cost-effective Solution: IRA administration fee of $15 paid by each participant for the Van Kampen plan.

Immediate Vesting: Employee and employer eligible contributions are immediately 100 percent vested.

Minimal Administrative Requirements: Neither annual employer tax filings or nondiscrimination tests are required, provided that employers provide certain annual notifications to eligible employees.

Employee Choice: Employees decide how much to contribute (up to the applicable IRS contribution limits) and where to invest their money.

¹ Up to the IRS limit (for 2007, compensation limit is $225,000; $230,000 for 2008)

QUICK LINKS

SIMPLE IRA Employee Guide

SIMPLE IRA Employer Guide

Van Kampen does not provide tax advice. The tax information contained herein is general and is not exhaustive by nature. It was not intended or written to be used, and it cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Federal and state tax laws are complex and constantly changing. You should always consult your own legal or tax advisor for information concerning your individual situation.

Please consider the investment objectives, risks, charges and expenses of the fund(s) carefully before investing. The prospectus contains this and other information about the fund(s). To obtain a prospectus, contact your financial advisor or download and/or order. Please read the prospectus carefully before investing.

Not FDIC Insured—Offer Not Bank Guaranteed—May Lose Value
Not Insured By Any Federal Government Agency—Not A Deposit

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