GwenOC

Thanks

Thank you for your input.

I'm guessing that this has already come up on the forum. I have a plan that is a SHMC plan. The employer wants to terminate the SHMC plan and set up a SIMPLE IRA plan in 2025. Secure allows the employer go SIMPLE to SH, but I can't determine if they can go the other way. I'm concerned about the 12 month moratorium rule for the 401(k) plan.