SEP Eligility

[Fisher]

If a self employed (unincorporated) business later forms a partnership (PLLC), does all service start over if want to establish a SEP for the PLLC or can prior service be recognized.

[Appleby]

Not necessarily.

You may want to use a prototype SEP , which gives the employer the option of choosing to allow service with a predecessor employer to be counted for purposes of eligibility.