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re: Started the new job - Simple IRA
Posted on 4/8/14 at 3:00 pm to Ford Frenzy
Posted on 4/8/14 at 3:00 pm to Ford Frenzy
I assume that the employer matches dollar for dollar on the first 3% that the employee contributes. In order to get the full $3k employer match, the employee would have to be making $100k.
1
Posted on 4/8/14 at 5:19 pm to tigerrocket
Simple employer can match up to 3 percent of salary. Max contribution is 12k and 2500 catch up contribution for 2014
This post was edited on 4/8/14 at 5:46 pm
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