Can you direct deposit retirement contributions from QBO Payroll to a Fidelity SIMPLE IRA? I have the instructions from the custodian that says it's possible.

Good morning, @ newscarsrugby. 

Currently, QuickBooks Online payroll doesn't offer the option to automatically transfer funds to Fidelity Simple IRA. You'd need to do this outside of QuickBooks Online Payroll. 

I recommend checking out, Retirement plan deductions/contributions for more details. 

Please let me know if you have further questions or concerns. I'll be happy to help you out every step of the way. You can always reach out to the Community or me anytime you need assistance. Take care! 

Is this still true?  I can't imagine there isn't some type of plug in.  Ugh.  Quickbooks is just starting to be un-usable. 

Good day, donna46.

I understand how beneficial it is to be able to transfer funds directly from QuickBooks Online Payroll to a Fidelity SIMPLE IRA. However, this option is still not available in QuickBooks Online Payroll.

That said, you need to process your retirement contribution outside QuickBooks, or look for any third-party application that can help you transfer those funds. 

To learn more about retirement plans and contribution limits, you can check out this articles:

• Set up a retirement plan
• Understand retirement plan contribution limits

Reach us again if you require assistance with anything or if you have other questions regarding your retirement plans. I'll be here to help you. Take care and have a wonderful day.

Does this work yet?

We appreciate you for replying here in the thread, @bigschottkyd. Let me share insights to help you regarding the direct deposit requirement contribution from QuickBooks Online Payroll to Fidelity Simple Era. 

We understand how transferring funds directly to Fidelity Simple Era is crucial for your business. However, this feature is not yet available in QBO. Nevertheless, there are several third-party applications that you can use to achieve your desired outcome. 

Moreover, I recommend checking out this article to assist you in managing a retirement plan inside QBO: Set up or change a retirement plan. 

Feel free to reply again with follow-up questions regarding retirement contributions from QBO Payroll. I'm always ready to assist. Keep safe! 

What are those third party applications? We need to be able to do the same thing for but Schwab, ADP has always done this for us so the fact that Quickbooks can't at this point seems ridiculous to me.

We're unable to recommend specific third-party apps that can transfer funds directly to Fidelity Simple Era in QuickBooks Online (QBO), Jesse D. However, we can guide you on how to search for one within your account. 

Let's go to the Apps menu to complete this task. Here's how:

1. Sign in to your QuickBooks Online (QBO) account.
2. Go to the Apps menu on the left navigation bar.
3. Search for the app you wish to connect to in the magnifying glass bar or select the Browse category drop-down to search for an app by category.

Additionally, QuickBooks offers a range of payroll reports that can provide an overview of your business taxes and employees. To help you with running, customizing, and printing one, you can refer to this article: Access payroll reports in QuickBooks Online.

For any other payroll concerns and questions about tracking retirement contributions in QBO, please don't hesitate to click the Reply button below. We'll be willing to help you out.

I have done that and find nothing.. I have tried searching for schwab, fidelity, IRA, simple IRA, IRA contributions etc and get no results... so I ask, if you can not recommend specific third part apps can you at least tell me what to search for to find what has been said to exist?

thanks in advance