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How early may an employer distribute the SIMPLE notice for the next year?


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3 hours ago, Beltane said:

The notice is due by November 1st - is there a limit to how early it can be distributed?  Thanks in advance!

Must distribute PRIOR to the annual election period, which begins 60 days (Nov 1) prior to year end.  If you gave it in January for the following year, that actually appears to meet the legal requirement.

Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC
Qualified Plan Consultants, Inc.
46 Daggett Drive
West Springfield, MA 01089

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