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Tech Talk: Churches and SIMPLE IRAs

By NTSA Net Staff • April 08, 2016 • 0 Comments
A church with one pastor established an employee deferral 403(b) plan via a mutual fund. There are no employer contributions, nor is there a plan document. Could the church establish a SIMPLE IRA as more pastors are added as long as there are no 403(b) contributions in the same plan year? In Tech Talk, Ellie Lowder tells us.

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