WealthRabbit Support Need Help? We've got you covered Get Answers Support Employer SIMPLE IRA General What is the setup period for SIMPLE IRA? Employers can establish a SIMPLE IRA plan anytime between January 1 and October 1 of the calendar year. Was this helpful? Yes No Related Questions What is the difference between a SIMPLE IRA and a traditional IRA? What are the advantages of using retirement plans for my business? Can the employer offer a SIMPLE IRA plan if they maintain another retirement plan? What is the eligibility criteria to offer SIMPLE IRA? What are the tax benefits of contributing to a SIMPLE IRA? What information do I need to provide when setting up a 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