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Established Member

Simple IRA employee contribution

I can't find anywhere how to set up a deduction.  I have an employee who wants to contribute more into the simple IRA that the company already contributes to. 

Any suggestions where to look


1 Comment
QuickBooks Team

Re: Simple IRA employee contribution

Hi there, @freundpriority1.


I'd be glad to help set up a deduction item for Simple IRA in QuickBooks Desktop (QBDT).


There are two ways to set up a payroll item for retirement benefits.


  • EZ Setup (uses standard settings; recommended for most users)
  • Custom Setup (allows editing of settings; recommended for experts)

To set up the item through the EZ Setup.


  1. Click on the Lists menu.
  2. Select Payroll Item List.
  3. At the lower left of the Payroll Item List, click Payroll Item, and click New.
  4. Select EZ Setup and click Next.
  5. Follow the onscreen instructions.
  6. After you create a payroll item, edit the payroll item to make sure all necessary vendor information has been entered. 

To set up the item through the Custom Setup, you may check and follow the detailed instructions in this article: Set up a payroll item for retirement benefits (401(K), Simple IRA, etc.).


On the other hand, if you need further assistance with the process, you may get in touch with our QuickBooks Support Team. For the support's contact information, you may check it here: Contact the QuickBooks Desktop Customer Support Team.


Please feel free to add a post/comment below if you have any other questions about setting up Simple IRA employee contribution in QuickBooks. I'll be always here happy to help you!