PDA

View Full Version : Simple IRA



timboud
08-27-2014, 08:49 PM
Is it possible to use Pay Window to set up a Simple IRA where only 3 employees will take part and save 3% and the employer will match the 3%?

Thanks!

Paul Mayer
08-27-2014, 10:34 PM
PayWindow can only track the deduction from the employees. You would need to track the employer contribution outside of PayWindow for reporting at the end of the year.

timboud
08-28-2014, 02:05 PM
Do you have a tutorial for how to set it up and only be used on certain employees? Thanks!

Paul Mayer
08-28-2014, 03:00 PM
Yes, view this entire video as part is for taxable deductions and part for non-taxable deductions. It shows how to create the deduction in the company settings and then how to set that to the constant for the affected employees.

http://zpay.com/PayWindowTutorials/SetupAndUseDeductions/