the only stupid question is the one not asked

[Guest pensiondoc]

Is there any reason the owner of sole owner of a corp can't have a SEP and a profit sharing plan? Usually I have seen a SEP and a money purchase plan, but since the SEP is not a "qualified plan", is there anything prohibiting the establishment of a profit sharing plan??

[QDROphile]

See section 404(h) of the Code.