Guest Laura Posted April 20, 2000 Report Share Posted April 20, 2000 Do the participation requirements of IRC 408(k)(2) apply on a controlled group basis? In other words, if an employer that is a member of a contolled group sponsors a SEP, must the SEP cover all of its employees AND all of the employees of its affiliates? Is there transition relief in the event of acquisition of a subsidiary? Any replies would be appreciated... Link to comment Share on other sites More sharing options...
Bill Berke Posted April 21, 2000 Report Share Posted April 21, 2000 Code Section 414(B) says yes. Contolled group rules apply to 408(k) and (p) Thus, all the transition rules apply [This message has been edited by Bill Berke (edited 04-20-2000).] Link to comment Share on other sites More sharing options...
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