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SIMPLE IRA-municipality


Felicia
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  • 5 months later...

Yes. Unlike 401(k) plans, SIMPLE IRAs are available to governmental entities.

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Employee benefits legal resource site

Employee benefits legal resource site

The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.

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Guest PeterGulia

As always, the municipality should check state law to find whether it has the power to establish a particular kind of plan.

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