How do I tell if my IRA is SIMPLE or traditional?

325

1 Best answer

Expert Alumni

Mar 22, 2025 4:07:19 PM

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.

Expert Alumni

Mar 22, 2025 4:07:19 PM

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.