Roth employee deferrals will be available to SIMPLE IRA plans beginning January 1, 2025. Has Quickbooks Online started updating payroll software to reflect this?

There are no significant details on whether the payroll service will include Roth Simple IRA employee deferrals, JGB2.

Integrating the payroll item into the program will assist many users in more effectively tracking their retirement contributions. For now, I suggest sharing your ideas with our product development team. They can evaluate your feedback and may consider implementing changes in the next update.

Here's how:

1. Go to the Gear icon at the top.
2. Select Feedback.
3. Type in your feedback and product suggestions.
4. Click Next to submit them.

Additionally, you can check out this article to provide a detailed breakdown of your employees' wages, deductions, and tax information for a specific period: Run payroll reports.

I'll keep this thread open so you can comment with additional details or let me know if you have any follow-up concerns about managing your employees' deductions and contributions. Have a good one.

@Kevin_C  "Let’s pass this product suggestion on to our engineers for consideration in future updates."

I'm sorry, but did you just refer to this as a suggestion?

@JGB2  I hate to be the bearer of bad news, but judging by the following thread, they haven't even caught up to the simple IRA change from months ago:

https://quickbooks.intuit.com/learn-support/en-us/employees-and-payroll/simple-ira-max-contribution-...