Jump to content

Termination of SIMPLE plan


Guest bmurphy
 Share

Recommended Posts

Guest bmurphy

We have a client that is in serious financial difficulties & is looking to crash their SIMPLE-IRA. A few questions: Can an employer terminate a SIMPLE plan prior to year-end? Are there any notification requirements to the employees? Also what are the ramifications if the employer does not make their 2001 matching contribution?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...