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Military Leave and SIMPLE IRA


Guest Harley52

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Guest Harley52

I have a SIMPLE IRA in place for my employees. Under the Military Leave Policy it only speaks to 401k plans in terms of making up contributions. I am assuming that a SIMPLE IRA should be treated the same and returning employees can make up contributions just like if I had a 401K plan?????

Thanks

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Yes, just like if you had a 401k plan.

John Simmons

johnsimmonslaw@gmail.com

Note to Readers: For you, I'm a stranger posting on a bulletin board. Posts here should not be given the same weight as personalized advice from a professional who knows or can learn all the facts of your situation.

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