SIMPLE IRA over contribution
Greetings,
Have a client who over contributed to their simple ira on the employee part for 2017. Can we ask the custodian to adjust the excess contribution record to 2018 contribution? Or what corrective actions can be done? Don’t know if this matters, but he is the owner of the company also.
Any help is much appreciate. Thank you!
Permalink Submitted by William Tuttle on Thu, 2018-01-25 19:52
SIMPLE IRA Plan Fix-It Guide – You made incorrect employer contributions for eligible employees