Craig Garner Posted August 14, 2015 Report Share Posted August 14, 2015 For the year in which a sole proprietor dies, can the surviving spouse and/or executor of the estate step in and make a SEP contribution on behalf of the deceased owner/participant based on earned income for that year? I think the answer is yes, because the SEP is an employer-sponsored plan, and the spouse/executor is acting to wind down the business, which may include making SEP contributions. I also have the same question regarding a SIMPLE Plan. Here, I think the answer is no, since the election to defer would have to be made by the owner/participant, and not by a third-party. Link to comment Share on other sites More sharing options...
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