Guest mjn Posted February 17, 2005 Posted February 17, 2005 Can a SEP exclude the owner from participation? A client wants to do something for his employees, but doesn't want to put anything in for himself. Thanks.
Gary Lesser Posted February 17, 2005 Posted February 17, 2005 The owner must participate in the SEP if eligible. If over age 59-1/2(or another exception applies), he or she can immediately remove the funds. Sad, but true. Hope this helps.
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