Jump to content

Employer Contributions to IRA


Guest Thornton
 Share

Recommended Posts

Guest Thornton

A church wants its employees to set up personal IRAs and the church, not the employee, will contribute annually to the IRAs. Are employer contibutions to IRAs permitted? Wouldn't the contributions be income to the employee subject to withholding, etc? Thanks.

Link to comment
Share on other sites

Guest Thornton

A SEP occurred to me, but the church is picking and choosing employees who receive the IRA contribution. This would be discriminatory under a SEP.

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...