R. Butler Posted July 18, 2002 Share Posted July 18, 2002 Is there anything preventing employer with a DB Plan from adopting a SEP? I am fairly certain they couldn't use the IRS model form or a prototype, but I don't see why they couldn't have an individually designed SEP. Assuming employer can adopt a SEP, then would the maximum contrib. to the SEP be the 25% of comp. minus the DB minimum funding requirement? (Just assume all participants in both Plans would be the same.) Thanks for any guidance. Link to comment Share on other sites More sharing options...
actuarysmith Posted July 19, 2002 Share Posted July 19, 2002 R. Butler- Your understanding of the issue (non-model SEP, 25% comp less Db funding) is indentical to mine........................... Link to comment Share on other sites More sharing options...
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