LRMS and terminating a SIMPLE during the year.

[Guest DLevine]

Gary, thanks for the information regarding the LRMs in response to my question of terminating a SIMPLE IRA during the year. The SIMPLE plan that we offer is the IRS model which doesn't contain this language. So does the model have this additional flexibility compared to the prototype??-- I would think not but I would appreciate your thoughts.

Thanks again.