Like a 401 (k) plan, the SIMPLE IRA can be funded with pretax salary reduction and are subject to Social Security, Medicare, and Federal Unemployment Tax Act taxes.
The SIMPLE IRA can be funded with pretax salary reduction. This was like a 401 (k) plan. The SIMPLE IRA are subject to Social Security. This is like a 401 (k) plan. The SIMPLE IRA are subject to Medicare. This is like a 401 (k) plan. The SIMPLE IRA are subject to Federal Unemployment Tax Act taxes. This is like a 401 (k) plan.