Felicia Posted November 6, 1999 Share Posted November 6, 1999 May a municipality adopt a SIMPLE IRA for its employees if it meets the other requirements, e.g. number of employees? Link to comment Share on other sites More sharing options...
Carol V. Calhoun Posted April 18, 2000 Share Posted April 18, 2000 Yes. Unlike 401(k) plans, SIMPLE IRAs are available to governmental entities. ------------------ Employee benefits legal resource site 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. Link to comment Share on other sites More sharing options...
Guest PeterGulia Posted April 22, 2000 Share Posted April 22, 2000 As always, the municipality should check state law to find whether it has the power to establish a particular kind of plan. ------------------ Link to comment Share on other sites More sharing options...
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