Where do I go to set up the annual deduction limit for a simple IRA plan

Hello there, @Darlene Hartzler.

Let's go to your employees' profile and edit the Deductions & contributions section so you can set up the annual deduction limit for a Simple IRA plan in QuickBooks Online Payroll (QBOP).

There are different types of retirement plans supported in QuickBooks, one of them is the Simple IRA / Simple IRA catch-up plan. You can set it up or a company-match contribution item by following the steps below:

1. Go to Payroll, then Employees.
2. Select your employee.
3. From Deductions & contributions, select Start or Edit.
4. Select + Add deduction/contribution or edit an existing one.
5. Select Retirement plans in the Deduction/contribution type dropdown.
6. For Type, select the Simple IRA plan.
7. Enter the name of the provider or plan in the Description (appears on paycheck) field.
8. Complete the remaining fields.
9. Under Company contribution, select the dropdown menu to choose how you want to calculate the amount. Complete the new fields to enter the amount or percent per paycheck and annual maximum.
10. Select Save, then Done. 

For a complete guide on how to set up a retirement plan deduction or a company contribution, please refer to this article: Set up a retirement plan.

Also, there are a variety of payroll reports you can use to view information about your business finances and employees. You may want to check out this article for the complete list of payroll reports and a guide on how to customize them in QBOP: Run payroll reports in QuickBooks Online Payroll.

I'm all ears if you have other payroll concerns or questions about retirement plans in QBOP. Drop a comment below, and I'll gladly help. Take care always, @Darlene Hartzler.