Lisa Karlin
Aug 21 2003, 03:36 PM
One person company maintains a SEP and a MPPP. Combined assets are over $100,000. SEP alone does not require 5500, and MPPP with assets under $100,000 does not require 5500 but are SEP assets combined with MPPP assets to require a 5500-EZ filing for the MPPP?
Lynn Campbell
Aug 21 2003, 06:58 PM
No. You do not combine the SEP and MPPP. So no filing needed until the MPPP assets > $100,000.