Guest Dale Posted September 14, 1999 Report Share Posted September 14, 1999 If one has maitained a SEP plan and the Employer's contribution for the employee was made in 1999 based upon the 1998 wages, can a Simple be implemented for 1999? The SEP was terminated in 1998 but the final payment was made in 1999. Link to comment Share on other sites More sharing options...
Gary Lesser Posted September 18, 1999 Report Share Posted September 18, 1999 No problem since the SEP contribution made on account of the prior year is treated as being made for that year and not the current (Simple) plan year. Link to comment Share on other sites More sharing options...
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