Keeping SEP Plan Document up-to-date

[Borsley]

From my understanding, that last required update to SEP plan documents was required by EGTRRA. Can someone confirm?

More -- I previously worked with 401K plans and given their popularity, it was always easy to stay atop of legislative/regulatory developments and new requirements since information filtered down from so many sources. I'm new to the SEP world and would be interested in hearing ideas/thoughts from individuals on what resources they rely on to stay current on any SEP related developments. I would also me interested in any favorite resources(e.g...books, online resources, etc) you count on or any suggested training that might be available. I'm new to SIMPLE IRAs, so same question would apply.

I am happy I found this forum as I can see this being valuable as well.

[Bird]

I generally use a document from an investment company and let them keep the documents updated. I figure that a SEP, SIMPLE or whatever isn't worth it if I have to think about it very much.

[Gary Lesser]

You should start with IRS Publication 560 - Retirement Plans for Small Business.

For a treatise (1,000+ pages) on the subject matter, try the SIMPLE, SEP, and SARSEP Answer Book

Hope this helps.