My original post is from July. It's been 4 months and there is STILL no resolution to this issue. Our employees are running out of time to max out their Simple IRA contributions this year. From researching online, QBO competitors have changed their systems to allow for ALL of the Secure Act 2.0 changes, including the Simple IRA max increase for employers with 25 or fewer employees. Why isn't QBO addressing this change????? Calling support and calling payroll gets you nowhere on this issue. The Blog link from QBO, SECURE Act 2.0: Small Business Owner Guide and Key Retirement Changes. does not even mention this key change to Simple IRAs. Instead of giving me links to sites that don't have any information that addresses the issue/question, can you please work with your team to get details on what is happening with this change and why it has not been implemented in QBO yet?
