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Web2 mrt. 2024 · You're ineligible to adopt a SIMPLE IRA plan if you have more than 100 employees who earned at least $5,000 in compensation in the prior year. You must count all employees who met the $5,000 earnings threshold in determining whether you met the 100-employee test. This includes full-time, part-time, seasonal and leased employees. WebDefine earned. earned synonyms, earned pronunciation, earned translation, English dictionary definition of earned. tr.v. earned , earn·ing , earns 1. To gain especially for the performance of service, labor, or work: earned money by mowing lawns. bovis units
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