I know that each year, the IRS raises certain contribution limits for retirement plans. I'm interested in limits for tax year 2001, for the two following SIMPLE IRA matches:
1) My employer will match my contributions, dollar for dollar, up to 3% of my gross salary, to a maximum of HOW MUCH?
2) Or, my employer will contribute 2% to each eligible employee's pay each of our accounts, up to HOW MUCH?
I can't find these new limits anywhere. If you know what the IRS has published for this new tax year, I'd appreciate it.
Thanks.
David