SIMPLE IRA Retirement Plan Enrollment

Revive Sports Recovery has partnered with GTS Financial and American Funds to offer you a SIMPLE IRA retirement savings plan.

A SIMPLE IRA is a way for you to save towards retirement. Want to learn more about what it is and what it can do for you?
Click here for a brief video: What is a SIMPLE IRA?

Please complete the following fields to setup your SIMPLE IRA plan and start saving for your future.

Revive Sports Recovery Offers a generous company match - up to 3% of your pay!

* indicates required
Withholding Agreement *
Can be changed at any time by notifying your employer
Terms and Conditions *

*2023 IRS guidelines allow eligible employees to save up to $15,500 in a SIMPLE IRA. If you are 50 or older, you can save an additional $3,500.

Terms, Conditions, & Disclosures (all that fun legal stuff)
If electing salary deferrals, I authorize my employer to withhold the amount/percentage specified from each paycheck, which will reduce my compensation under this election (my elective deferral contributions). I may revoke or update this election at any time as permitted by my employer. My elective deferral contributions are not subject to federal (or state, if applicable) income tax until distributed from the plan. If I revoke this election, I acknowledge that, contingent upon the terms of the SIMPLE IRA Plan, I may be prohibited from submitting another Salary Deferral Election until the enrollment period immediately preceding the next plan year. The revocation or update will be effective as soon as administratively possible by my employer after they have received the notice. I also understand that my elective deferral contributions are subject to gain or loss in accordance with my selected investments. 

I understand the Trust Agreement default beneficiary will apply until I make a beneficiary designation. 

I understand that to comply with federal regulations, information provided on this enrollment form will be used to verify my identity. For example, my identity may be verified through the use of a database maintained by a third party. If Capital Bank and Trust Company is unable to verify my identity, I understand it may need to take action, possibly including closing my account and redeeming the shares at the current market price, and that such action may have tax consequences, including a tax penalty. 

I understand that I and all shareholders at my address will receive one copy of fund documents (such as annual reports and proxy statements) unless I opt-out by calling (800) 421-4225, ext. 40.

Revive Sports Recovery SIMPLE IRA Plus Fee and Fund Disclosure

Important Account Information


In general, if you expect to earn at least $5,000 in the current calendar year AND you've earned at least $5,000 during any prior calendar year, you're eligible to participate in your company's SIMPLE IRA plan. 

Your contributions

You decide how much of your pay, up to IRS limits, you want to contribute. Your contributions will be deducted directly from your paycheck. You can make:
• Before-tax contributions. Because you're contributing money from your paycheck before income taxes are deducted, you reduce your annual taxable income in the year the contributions are made. Before-tax contributions allow your savings to accumulate tax-deferred. In other words, you don't pay taxes on what you save or on
your assets as they grow until you take the money out at retirement.
• Additional catch-up contributions. If you're 50 or older, you can contribute an additional amount before taxes.

Your employer's contributions

• Matching. Your employer may match any contributions you make, dollar for dollar, up to 3% of eligible compensation.


The money that you and your employer contribute to the plan is vested immediately - in other words, it's yours to keep.

Your investment options

Review the Fee and Fund Disclosure to determine which investments are available for your plan.

Monitoring your account

Check on your investment results with:
• Your quarterly statement
• Our 24-hour automated phone service at (877) 833-9322

Making changes to your account

Access your account at

Once you sign in, you can:
• Sell and exchange shares
• View current and past account balances as well as dividend and capital gain information
• Manage your account information
• Sign up for electronic delivery of quarterly statements


Any money you take out of your SIMPLE IRA is subject to ordinary income tax, and if you withdraw the money before you reach 59½, a 10% federal tax penalty may apply.

If withdrawals are made during the first two years of participation in the plan and you're under 59½, a 25% tax penalty may apply.
<strong>Schedule A Quick Call</strong>

Schedule A Quick Call

Would you like help with your SIMPLE IRA or any other financial questions? Our team at GTS Financial is here to help. Let's talk! Click the button below to access our scheduling program and find a time that's convenient for you for a quick chat.


Our Office

3800 American Boulevard West Suite 1500

Bloomington, MN 55431

Phone: (952) 222-8286

Mon-Fri: 8:30 AM - 5:00 PM