Guest Robert Lees Posted February 19, 1999 Posted February 19, 1999 Employer maintains a SEP. Only has himself and one employee. Can he only make the employer contribution to the employee (NHCE) and not give himself one (HCE)?
Gary Lesser Posted February 20, 1999 Posted February 20, 1999 No. All eligible employees (and owners if self-employed) must participate; there can be no opting out. If over 59.5, then it could be an "in-out."
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