rfahey Posted May 9, 2014 Posted May 9, 2014 Is there any special ADP testing required in a SAR SEP IRA plan when the owners wife becomes eligible and wants to participate ? How about the owners son ? THank you
Jim Chad Posted May 9, 2014 Posted May 9, 2014 I would not call it special testing. The ADP test must be passed every year. It is possible that the test becomes more complicated.
Jim Chad Posted May 9, 2014 Posted May 9, 2014 Also, with a SARSEP, remember to check the 50% Participation rule.
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