Colpash

Gary, thanks much for your response. Your advice is consistent with what my tax attorney told me (and cost considerably less!) The audit of my employer is still pending. I and several other HCE's received a request from the IRS to extend the statute of limitations for 2012, and, on the advice of counsel, I complied with that request. I will let you know how this plays out. In the meantime, happy new year and thanks again!

My employer advised me Friday (5/19/15) that excess contributions were made to my Vanguard SEP-IRA through the company's SARSEP plan for the years 2012, 2013 and 2014, and that I will have to amend my tax returns for those years. The excess contributions are on the order of $7500, $8333, $8333 for those years. My total income deferrals in each year were more than 25% of my pay. I was over 59-1/2 years of age when the contributions were made and was planning to retire at age 65 at the end of this year. Contributions are deducted from my pay and sent to Vanguard by the company's CPA. I have not been provided with corrected W2s or with written Notices of Excess Contribution. I have never been provided with a copy of the Form 5305A or other SARSEP plan document. The employer's SARSEP is being audited by the IRS, and I am fearful that the plan may be disqualified. What do I do?