Guest Posted March 9, 2000 Posted March 9, 2000 I'm working with a client that has had a SIMPLE IRA for 1999 and so far in 2000. He would like to start a 401(k) p/s plan for 2000. Does anyone have ideas for getting around the SIMPLE exclusive plan rule? Can he terminate the SIMPLE now and start a 401(k) with a short plan year? I know it dosen't work the other way around (terminate qualified plan and start a SIMPLE mid-year), but would appreciate any ideas. Thanks.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now