WealthRabbit Support Need Help? We've got you covered Get Answers Support Employee SIMPLE IRA General What is the total net worth reported by an employee? An employee’s net worth is calculated by subtracting their total liabilities (debts) from their total assets (what they own). This number gives a snapshot of their overall financial health. Was this helpful? Yes No Related Questions What is the penalty for pre-closing the SIMPLE IRA plan? When can I withdraw money from my SIMPLE IRA? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 912-5450 support@wealthrabbit.com