WealthRabbit Support

Does SECURE 2.0 change employer contribution requirements for SIMPLE IRAs?

SECURE 2.0 did not eliminate the basic requirement that employers contribute to SIMPLE IRAs each year.

Employers must still choose either:

• A matching contribution method
• A non-elective contribution method

However, SECURE 2.0 introduced greater flexibility through features such as student loan matching, which can count toward employer match requirements in some cases.

WealthRabbit ensures employer contributions are applied correctly under both traditional and updated rules.