heygents Posted June 23, 2015 Posted June 23, 2015 I have a client that is considering purchasing a business which currently offers a SIMPLE IRA to their employees. Our client would like to offer the new business' employees the match they are currently receiving in the SIMPLE IRA which is different than what their current plan offers. Is it possible to have employees receiving two different matching formulas? If the new business is bought in the middle of the plan year, does the SIMPLE IRA immediately terminate? Anything else I need to consider? Thanks
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