Compenastion limit on Simple Plan

[mjf06241972]

Is there a compensation limit on a Simple Plan for calcuation purposes?  Is it the same as 401k Plan?

Thank  you.

[Lou S.]

Simple 401(k) or Simple IRA?

Matching Simple or Non-elective simple?

If it's a SIMPLE-IRA the IRS FAQ may be helpful to you. https://www.irs.gov/retirement-plans/simple-ira-plan-faqs-contributions

[mjf06241972]

Simple IRA.  Thanks for link.  That answer's question.

[austin3515]

The same comp limit applies for the nonelective.  There is no comp limit on the match.  But the most match you can possibly get of course is equal to the SIMPLE IRA max contribution limit  ($13,500 / $16,500) because its a dollar for dollar match,