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March 22, 2025
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How do I tell if my IRA is SIMPLE or traditional?

  • March 22, 2025
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    Best answer by KrisD15

    It would be indicated on your 1099-R. (Between Box 7 and Box 8 

     

    A SIMPLE IRA is set up by your employer and you, as well as the employer, can make matching contributions. 

    1 reply

    KrisD15
    KrisD15Answer
    March 22, 2025

    It would be indicated on your 1099-R. (Between Box 7 and Box 8 

     

    A SIMPLE IRA is set up by your employer and you, as well as the employer, can make matching contributions. 

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