At WealthRabbit, modifying and resuming an agreement refers to any changes to the salary reduction contribution. An employee can terminate or modify a salary reduction contribution at any time during the year. Additionally, the employer can choose the options under which contributions can be modified and resumed.
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What does ‘Modifying and Resuming an Agreement’ mean for a SIMPLE IRA plan?
What does ‘Modifying and Resuming an Agreement’ mean for a SIMPLE IRA plan?
Last updated on Sep 17, 2024