A more thorough explanation:

A Simple Plan is an Employee Benefit Plan that allows small businesses to offer retirement savings options to their employees. It is a type of Individual Retirement Account (IRA) that is easy to set up and maintain.

John owns a small business with 10 employees. He wants to offer a retirement savings plan to his employees but doesn't want to deal with the complexity and cost of a traditional 401(k) plan. He decides to set up a Simple Plan, which allows his employees to contribute a portion of their salary to an IRA. John also makes contributions to the plan on behalf of his employees.

The Simple Plan is a great option for small businesses that want to offer retirement savings benefits to their employees without the administrative burden of a traditional 401(k) plan.

Simple Reduction is a temporary ruling by a court in Scottish law that a document is of no effect until it is produced in court. This means that the document cannot be used as evidence until it is presented in court.

In a Scottish court case, the defense claims to have a document that proves their innocence. The court issues a Simple Reduction, stating that the document cannot be used as evidence until it is produced in court. This gives the prosecution time to review the document and prepare their case accordingly.

The Simple Reduction is a common practice in Scottish law to ensure that all evidence is properly reviewed and presented in court.