I am the owner of a LLC with 5 employees. I will setup a new SIMPLE IRA for 2019 this month. I receive guaranteed payments for services rendered and need to understand the company tax deduction for the matched contribution. Is the 3% matched company contribution considered a company deduction for both employee and owner contributions? And does my personal contribution need to come from a payroll deduction or can I simply submit a contribution by April 15th just like a TIRA? Earnings will easily exceed my contribution.