WealthRabbit Support

Do employers need to re-enroll employees each year?

No. Employees typically remain enrolled in the SIMPLE IRA plan from year to year unless they choose to change their participation or opt out of contributing.

However, employers must provide employees with an annual notice explaining:

• Their right to contribute
• The employer’s contribution method
• Any plan changes for the upcoming year

WealthRabbit helps streamline employee communications and supports compliance with annual notice requirements.