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The SIMPLE IRA Change under the Path Act made ‘Simple’…Maybe…

The PATH Act, enacted Dec. 18, 2015, affects the money that can be rolled over into a SIMPLE IRA. In MarketBeat, Susan Diehl writes that many financial institutions have been struggling with such rollovers, and provides a breakdown of how this change affects SIMPLE plans and what institutions need to know before accepting these rollover contributions.