• LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

Don’t miss SIMPLE deadline

by on
in Human Resources

If you have 100 or fewer employees, you can set up an uncomplicated retirement plan called a SIMPLE (Savings Incentive Match Plan for Employees). But there are a couple of key deadlines coming up.

For employees to be able to make contributions in 2000, you must have all paperwork complete by Oct. 1. Also, you must give your employees 60 days' notice about the plan before salary reductions can begin.

For more information, see IRS Publication 560, Retirement Plans for Small Business, and other retirement plan publications at www.irs.gov. Click on "Tax Info for Business" and then "Employee Plans Corner." Or call the IRS at (800) 829-3676.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/21420/dont-miss-simple-deadline "

Related Articles...

    No matches

Leave a Comment