SirielJeaB
Moderator

Employees and payroll

I can provide details on the maximum limit for SIMPLE IRA employee contributions or deductions.

 

We can't manually update the default maximum contribution/deduction limit for a SIMPLE IRA. The program's calculations follow the contribution limits set by the IRS, which will automatically change in the system. For more information on retirement plans, you can visit the IRS website.

 

Here's an article that provides details on editing a retirement plan item: Set up or change a retirement plan.

 

I'll be on the lookout for your response if you have further questions about payroll contributions or deductions and will address this promptly.