We have a simple IRA plan that we offer our employees. One of our employees, 55 years old, has an annual maximum of $14,000 instead of the $17,000 it should be for being over 50. The $14,000 is locked and doesn't allow me to edit it. Is there any way for me to change the annual maximum to $17,000? I have her DOB entered and thought it would calculate the maximum automatically. Am I not checking a specific box or missing something?
Edit: Disregard, I figured it out. All you have to do is delete the Simple IRA deduction and re-add it as a Simple IRA catch-up instead. I don't know if the other one was just bugged or what.
