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Full Version: May partners elect out of coverage of partnership's SEP?
BenefitsLink Message Boards > Retirement Plans > SEP, SARSEP and SIMPLE Plans
moosegirl
The partnership has adopted a SEP. The parnership has 5 partners and no other employees. May a partner elect out of the SEP coverage?
Gary Lesser
No. An eligible employee (including an owner) may not opt out.
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