SEP IRA eligibilty
Are employees under the age of 18 able to be covered by a SEP IRA plan if the employer wishes?
I am familiar with the eligibility rules and know that 21 is the default age, but can be less restrictive. I am getting conflicting answers in my research and pub 560 doesn’t specify.
If yes, can a minor sign the account application? Perhaps it is dependent on the custodian’s procedures.?? -Thanks
Submitted by nick sklenar on Tue, 2015-01-06 22:49