Help - Search - Members - Calendar
Full Version: No Contribution to HCE in SEP?
BenefitsLink Message Boards > Retirement Plans > SEP, SARSEP and SIMPLE Plans
Robert Lees
Employer maintains a SEP. Only has himself and one employee. Can he only make the employer contribution to the employee (NHCE) and not give himself one (HCE)?
Gary Steven Lesser
No. All eligible employees (and owners if self-employed) must participate; there can be no opting out. If over 59.5, then it could be an "in-out."
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.