Christine Roberts Posted October 24, 2000 Report Share Posted October 24, 2000 Is it possible to satisfy the 50% participation rule for SARSEPs at any point during the plan year (e.g., the last quarter or last two months of the year), or is it necessary that the threshold be met at all times during the plan year?? Link to comment Share on other sites More sharing options...
Gary Lesser Posted December 1, 2000 Report Share Posted December 1, 2000 The rule is 50% of the employees eligible to participate. Thus, it would appear that the rule must be satisfied as of the end of the year, but based on the highest number of eligible employees fot that year. There is no minimum amount required, thus a $1 elective contribution would appear to be okay (and count that employee as having participated). Link to comment Share on other sites More sharing options...
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