A frequently asked question: can self-employed individuals set up a simplified employee pension and make contributions to the plan?1 The name of the plan – simplified employee pension suggests that such plans are only for employees.2 Although the answer to that question has been clear for some time,3 a recent Tax Court case has provided additional guidance on eligibility for self-employed individuals.4
Harl, Neil E.
"SEPs for Self Employeds?,"
Agricultural Law Digest: Vol. 16
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol16/iss13/1