WealthRabbit Support

If an employee stops contributing to their SIMPLE IRA, do our employer contributions stop?

Yes. Employer matching is typically tied to employee deferrals and is calculated on a per-payroll basis. If an employee stops contributing:

• Matching contributions stop.

• For student loan matches, if the employee qualifies, a match may still occur based on student loan payments—but often paid annually, not per payroll.

• If the employee leaves mid-year, they may receive a pro-rated match depending on your payroll and plan schedule.