SEP IRA » eligibility requirements

Eligibility Requirements Continued

admin — Sat, 25 Nov 2006 03:40:17 +0000

SIMPLE IRA Eligibility Requirements, Continued The 2 year/$5,000 compensation requirement is the maximum Eligibility an employer may require. The employer may elect to decrease the number of years of service or the compensation requirement or both. For example, an employer can require that an employee worked in one prior year, and made only $3,000 in that year. Any [...]

Eligibility Requirements Continued is a post from: SEP IRA

Eligibility Requirements

admin — Tue, 19 Sep 2006 01:27:28 +0000

SIMPLE IRA Eligibility Requirements What are the Eligibility requirements for employees to participate in a SIMPLE IRA plan? Generally, any employee who received compensation of $5,000 or more in any prior two years and who the employer reasonably expects to receive at least $5,000 in compensation in the current year is eligible to participate. Employees in collective bargaining [...]

Eligibility Requirements is a post from: SEP IRA