{"id":61,"date":"2026-08-10T13:00:00","date_gmt":"2026-08-10T13:00:00","guid":{"rendered":"https:\/\/www.drsunilpatel.us\/blog\/?p=61"},"modified":"2026-08-10T13:00:00","modified_gmt":"2026-08-10T13:00:00","slug":"us-simple-ira-rules-got-smarter","status":"publish","type":"post","link":"https:\/\/www.drsunilpatel.us\/blog\/2026\/08\/us-simple-ira-rules-got-smarter\/","title":{"rendered":"US SIMPLE IRA Rules Got Smarter"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\"\n                src=\"https:\/\/www.roomvu.com\/agent\/embed\/sunil-patel-1\/simple-ira-tweaks-remotion-videos\"\n                frameborder=\"0\"\n                allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\"\n                allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>The standard 2026 elective deferral limit is $17K, while employers with 25 or fewer employees can formally elect $18.1K after written notice to staff.<br \/>\nCatchups matter: a 50-yr-old owner can shelter $22K, and ages 60-to-63 can shelter $23.35K in tax-deferred savings, helping close retirement gaps faster.<br \/>\nRoth SIMPLE IRA options let employees choose after-tax savings with tax-free growth, useful for younger staff and high earners expecting higher taxes.<br \/>\nEmployer flexibility includes additional nonelective contributions up to ~10%, capped at $5K; outgrown practices may transition mid-year to Safe Harbor 401(k) now.<br \/>\nIf the plan document lacks 2024+ small-employer election or Roth language, a specialized advisor can usually fix gaps with paperwork, not overhaul.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The standard 2026 elective deferral limit is $17K, while employers with 25 or fewer employees can formally elect $18.1K after written notice to staff. Catchups matter: a 50-yr-old owner can shelter $22K, and ages 60-to-63 can shelter $23.35K in tax-deferred savings, helping close retirement gaps faster. Roth SIMPLE IRA options let employees choose after-tax savings [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":91,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-61","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/posts\/61","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/comments?post=61"}],"version-history":[{"count":0,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/posts\/61\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/media\/91"}],"wp:attachment":[{"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/media?parent=61"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/categories?post=61"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.drsunilpatel.us\/blog\/wp-json\/wp\/v2\/tags?post=61"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}