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SIMPLE 401k


Guest bubs

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I have a client with a SIMPLE 401(k) experiencing financial difficulties. It would like to suspend the match (100% up to 3% of comp.) Because Match is required in a SIMPLE 401(k) would this client also have to suspend the EE deferrals? Is there any way for the company to suspend the match but allow EE deferrals to continue? Thanks for the help.

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