Hi Vanessa,
My employer does NOT withhold wages for the SIMPLE IRA. Instead the financial institution withdraws them from my (and all other participating employee's) checking accounts on a twice-monthly basis. So in other words, similar to how my Traditional IRA used to be, it's initially taken post-tax but (hopefully) reported in my tax returns in order to lessen gross income.
Are you saying that none of these are tax deductible?
