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Full Version: Are IRAs ERISA plans?
BenefitsLink Message Boards > Retirement Plans > SEP, SARSEP and SIMPLE Plans
Felicia
Are SEPs and/ or SIMPLE IRAs subject to ERISA?
Appleby
Generally no. However, ERISA Section 406 MAY come into play with employee deferrals. This section governs the time by which amounts withhled for employe deferrals must be deposited to the individuals SARSEP or SIMPLE IRA
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