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What definition of compensation applies for purposes of the SIMPLE IRA plan rules in the case of a self-employed individual?

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What definition of compensation applies for purposes of the SIMPLE IRA plan rules in the case of a self-employed individual?

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For purposes of the SIMPLE IRA plan rules, in the case of a self-employed individual, compensation means net earnings from self-employment determined under section 1402(a), prior to subtracting any contributions made under the SIMPLE IRA plan on behalf of the individual.

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