KansasCPAwow
Level 1

Employees and payroll

Has this issue been addressed and corrected by QuickBooks online?    It's a pretty simple issue, and the on-line payroll software will NOT allow the catch-up contribution for someone over age 50.  

 

The annual SIMPLE IRA contribution limits in 2023 are:

  • Under age 50: $15,500

  • Age 50 and older: $19,000.