SEP - exclsusions

[eilano]

Can a new employer established in 2002 allow the owners to participate in a SEP while keeping out all other employees that have not met the 3 year eligiblity?

[Appleby]

The eligibility requirements that apply to common-law employees also apply to the business owners. If the business owners do not meet the eligibility requirements as set by the plan, they cannot participate in the plan.