On the recordFebruary 28, 2024
Senator Collins reformed and improved the rules for SIMPLE plans, increasing contributions for all employees and permitting more flexibility in moving from a SIMPLE plan to a 401(k) plan.
Source
congress.govSusan Collins: “Senator Collins reformed and improved the rules for SIMPLE plans, increasing contributions for all employees and…”
Editor's note · Context
Senator Collins enhanced SIMPLE plans to benefit employees and allow easier transitions to 401(k) plans.
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