Archimage Posted February 19, 2002 Posted February 19, 2002 Can a governmental entity establish a SIMPLE IRA?
Carol V. Calhoun Posted February 20, 2002 Posted February 20, 2002 Yes. The only caveat is that with limited exceptions, a state or local governmental employer may not maintain a SIMPLE plan in the form of a 401(k) plan. Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances.
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