M Norton Posted February 11, 2019 Report Share Posted February 11, 2019 company started SIMPLE IRA plan beginning 10/1/2018. The company operates on a calendar year. When calculating the SIMPLE IRA match, can you use compensation for the full year, or only from October - December? Thanks! Link to comment Share on other sites More sharing options...
austin3515 Posted February 11, 2019 Report Share Posted February 11, 2019 You must use the whole calendar year. Everything is always the whole calendar year. There is no such thing as a comp as a participant, etc. in these plans. Austin Powers, CPA, QPA, ERPA Link to comment Share on other sites More sharing options...
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