New SIMPLE IRA establishment deadline
October 1st is traditionally the deadline to establish a new simple plan to be effective in that calendar year. This year the 1st falls on Saturday.
Is the deadline “pushed” to Monday, 10/3?
Thank you
October 1st is traditionally the deadline to establish a new simple plan to be effective in that calendar year. This year the 1st falls on Saturday.
Is the deadline “pushed” to Monday, 10/3?
Thank you
Permalink Submitted by Alan - IRA critic on Thu, 2016-09-15 17:48
Yes. See Sec 7503 here: https://www.law.cornell.edu/uscode/text/26/7503