SEP Plans & SEP IRAs Recorded Webinar

This discussion includes the establishment and amending of SEP
Plans and SEP IRAs. See how there are employer and employee
requirements, even in a one-person plan. There will be line-byline
review of the IRS Model SEP Plan. Although rare, Salary
reduction SEPs will also be briefly reviewed. See how third-party
vendors are still reporting SEP contributions incorrectly, making
the SEP-IRA Custodians/Trustees subject to IRS penalties

Discussion includes the establishment and amending of SEPs & SEP IRAs, employer and employee requirements, and all custodian /trustee requirements, the agenda includes:


What is a SEP Plan ?
Who can establish a SEP Plan ?
What is the role of the Financial Institution ?
What are the tax benefits ?
What is the due date for establishing a SEP Plan ?
What employee documentation is required ?
Who must use a prototype SEP Plan ?
How does Social Security Integration work ?
What disclosures are required by the employee ?
How and when are SEP Plans amended ?
Line-by-Line review of the SEP application
How is a SEP IRA established ?
Must a SEP IRA be separate from Traditional IRAs ?
When can an employer establish a SEP IRA for an employee ?
What are the SEP contribution limits ?
How are SEP contributions Reported ?
How do SEP contributions affect traditional IRA contributions ?
How are excess SEP contributions corrected ?
What are SARSEP Plans ?
How can SARSEP Plans be established ?
What are SARSEP Plan contribution limits ?
How are SARSEP IRAs established ?
What are the new IRS/DA deposit requirements ?