SIMPLE – contribution
What is the appropriate definition of compensation in a SIMPLE IRA?
For example – should the 3% employer match be based off compensation in in box 5 of form w-2 or box 1?
Thank you
What is the appropriate definition of compensation in a SIMPLE IRA?
For example – should the 3% employer match be based off compensation in in box 5 of form w-2 or box 1?
Thank you
Permalink Submitted by Alan - IRA critic on Tue, 2016-03-01 22:55
Box 5. See IRS Notice 98-4, C 4.