Santo Gold Posted August 8, 2017 Report Share Posted August 8, 2017 ER has sponsored a SIMPLE IRA for several years for company employees. Final EE contributions for 2016 plan year deposited in 2016. Started a 401k 1/1/2017. Just found out now (8/2017) that the 2016 ER contribution to the SIMPLE has not yet been deposited. Is this 401k still OK for 2017 since the SIMPLE deposit is for 2016, but being deposited in 2017? Link to comment Share on other sites More sharing options...
Belgarath Posted August 8, 2017 Report Share Posted August 8, 2017 Sure, no problem. Link to comment Share on other sites More sharing options...
CuseFan Posted August 8, 2017 Report Share Posted August 8, 2017 Agreed - it is tax year that is relevant, not the year of deposit. Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com Link to comment Share on other sites More sharing options...
Santo Gold Posted August 9, 2017 Author Report Share Posted August 9, 2017 Thank you for your replies. Link to comment Share on other sites More sharing options...
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