If an employee participates in two separate Simple IRA plans of unrelated employers, my reading of the rules is that the employee can defer up to $10,000, with no more than $6,000 going to either plan. If anyone's still here, is this accurate?

thanks-

rob

May as well answer this too. Notice 97-6 at Q&A C-3 clearly indicates employee can defer to multiple plans (SIMPLE, 401(k), etc.) subject only to the overall 402(g) deferral limit.

r.