Simple IRA – rehire
Simple document eligibility – employee is eligible one they earn $5k in a year.
Person worked at the firm, then quit and have subsequently been rehired on a part time basis. All of this within the year. If they do end up making over 5 k is it based off simply the new employment $ or do previous $’s earned count because they are within the same calendar year?
Thank you
Permalink Submitted by Alan - IRA critic on Thu, 2015-08-13 22:05
All earnings count for the year even if employment was not continuous.