Contribution Limits. The contribution limits for SIMPLE IRAs are lower than 401(k) plans, so your SIMPLE IRA contribution cannot exceed the lower limit and your total contributions can't exceed the higher, 401(k) plan limit. In 2012, the limit for a SIMPLE IRA is $11,500 and the limit for a 401(k) plan is $17,000.As a result, if you put $11,500 in your SIMPLE IRA, you can't put more than $5,500 in your 401(k) plan.If your total contributions to your 401(k) plan and SIMPLE IRA exceed the annual limits, the IRS penalizes you by disallowing the deduction for your contribution.f your total contributions to your 401(k) plan and SIMPLE IRA exceed the annual limits, the IRS penalizes you by disallowing the deduction for your contribution.
But there's one important detail remaining. Before the transaction can close, a title search must be made. The most accurate description of title is a bundle of rights in real property. A title search is the process of determining from the public record just what these rights are and who owns them.ut there's one important detail remaining. Before the transaction can close, a title search must be made. The most accurate description of title is a bundle of rights in real property. A title search is the process of determining from the public record just what these rights are and who owns them.
Factoring in the amount of time necessary for a title search. If there are no contingencies (appraisal, inspection, etc.) and you have cash on hand (liquid - cash means cash, not a line of credit) you made an offer & it was accepted the same day, there was a 24 hour turnaround with title work ... you wired funds on Tuesday or Wednesday - you could definitely close Thursday or Friday.