Guest CJF Posted February 26, 2000 Report Share Posted February 26, 2000 Am eligile to participate in SARSEP (set up in 1986), but have reason to believe that employer is not in compliance with IRS regs. In summary: (1) NO info provided until last year and then all that was said was "we have a plan and you can participate." (2) Only 2-3 people out of 10-12 employees even knew about it and have been the only participants. (3) To my knowledge all contributions for the 2-3 empolyees) have been elective deferrals. Will provide more details if needed. I fear participating because of possible adverse consequences to ME if they are not in compliance. Should I be concerned? PLEASE HELP.I've been researching this for weeks and have found no answers. Today I lucked up and found this board. By the way, Mr. Lessor I have your SEP And SARSEP Answer Book (1997), but it is considerably over my head. Thanks in advance for any help. Link to comment Share on other sites More sharing options...
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