BenefitsLink Message Boards > 401(k) to replace SImple IRA

Full Version: 401(k) to replace SImple IRA

BenefitsLink Message Boards > Retirement Plans > SEP, SARSEP and SIMPLE Plans

MrBoldman

Feb 7 2005, 06:28 PM

I have a client who wishes to "upgrade" to 401(k) Plan from a SIMPLE IRA. Can they implement the 401(k) in 2005 even thought they have already had dedcutions in the SIMPLE IRA for 2005? Can the SIRA have a short plan year?

Appleby

Feb 11 2005, 02:25 AM

Answered here

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