Jilliandiz Posted November 3, 2004 Report Share Posted November 3, 2004 My client has a SEP Plan and the gov't subsized 1/2 of the contributions b/c they help manage low income housing. However their fees, expenses, etc. have gone up and they cannot fund the entire SEP contribution for 2003...isn't this a problem?? Since were already at the end of 2004, dont' they have to fund the 2003 contribution b/c if they didn't they would be "taking away" the benefit? Also, what would happen if this was for 2004? What if they began funding throughout the year and found out today, they can't afford to fund the rest of the year? Any thoughts? I've never had this happen before? Thanks Link to comment Share on other sites More sharing options...
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