SIMPLE Plans – ERISA
I have seen where SIMPLE plans are subject to ERISA and then I have read in other areas where they are not. Can you please clarify whether or not SIMPLE Plans are subject to ERISA. Do you have a link that you could also provide?
I have seen where SIMPLE plans are subject to ERISA and then I have read in other areas where they are not. Can you please clarify whether or not SIMPLE Plans are subject to ERISA. Do you have a link that you could also provide?
Permalink Submitted by Alan - IRA critic on Tue, 2016-05-03 20:48
Yes, SEP and SIMPLE IRA plans are subject to ERISA: http://finance.zacks.com/ira-accounts-erisa-qualified-6814.html