Guest Barbara Bukauskas Posted December 29, 2000 Report Share Posted December 29, 2000 In a recent discussion with another person in the pension business, I was told that a IRS 5305-SEP form COULD be used when a Money Purchase was combined with it but only if the SEP had been opened first. It is my understanding that if a SEP is to be combined with any qualified plan, that a prototype document must be used to open the SEP (or restate the SEP) to provide for the proper top-heavy contribution language. I'm not aware that it matters which came first the SEP or the QP. Can someone shed some light on this subject for me. Link to comment Share on other sites More sharing options...
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