SEP Amendment
When (timing) can a business owner change the eligibility requirements assuming the plan was established using 5305-SEP?
The owner has a number of employees that will become eligible based on the current eligibility requirements – he wants to amend the requirements making eligibility more restrictive. In essence he wants to keep the employees satisfying eligibility for as long as possible.
Thank you
Permalink Submitted by Alan - IRA critic on Thu, 2015-03-26 18:16
Duplicate post.