I had this question asked me. Co. allows all employees making more than $5000. to contribute to a Simple IRA, with an up to 3% of salary match by Co. Smart Fool and part time worker wants to take Co.s free money, but only wants to fund at 3% of $10,000. a year wage. Result would be: $300. employee cont., and $300. Co. cont. Employee presently has Trad. IRA. Can employee continue to fund Trad.IRA, minus either the $300 or $600. that would be going into The Simple IRA?I'm certainly aware it would be far easier to just cont. to the Simple plan in the same amount as the Trad.plan (ie. $2000 and employee picks investment), but it seems this would some how throw off "weekly budgeting".Thanks for any help, Gettergo
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